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{txt}{sf}{ul off}{.-}
      name:  {res}<unnamed>
       {txt}log:  {res}C:\Users\matt_zarit\Dropbox\Krause5\Log Files\newfittestsnewsouth.smcl
  {txt}log type:  {res}smcl
 {txt}opened on:  {res} 6 Aug 2019, 12:17:16
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. ****** V. NEW SOUTHERN STATES -- BIVARIATE DYNAMIC PANEL ARDL(5,4)--ECM REGRESSION MODELS OF STATE REAL PER CAPITA ANNUAL INCOME [real_pc_inc_ann] & STATE RANNEY INDEX FOR PARTISAN COMPETITION IN LEGISLATURE/REPRESENTATIVE ASSEMBLIES [klarnerranney, 6yrs, 8yrs, 10yrs] WITH TWO-WAY FIXED EFFECTS [STATE AND TIME UNIT EFFECTS]: ESTIMATION BY SUR METHODS   
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.  
. *** 1.A: NEW SOUTHERN STATES (N = 5): FULL TIME PERIOD *** ARDL (5,4)
. //qui sureg (d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney  l4.d.real_pc_inc_ann l3.d.klarnerranney  i.state_fips i.year) (d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann  l4.d.klarnerranney l3.d.real_pc_inc_ann  i.state_fips i.year), corr
. 
. //estat ic
. 
. 
. newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney  l4.d.real_pc_inc_ann l3.d.klarnerranney  i.state_fips i.year if newsouth==1, lag(8) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       320
{txt}maximum lag: {res}8{col 49}{txt}F( 77,       242){col 67}= {res}    103.90
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}{col 29}  Newey-West
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.0419698{col 29}{space 2} .0260089{col 40}{space 1}   -1.61{col 49}{space 3}0.108{col 57}{space 4}-.0932025{col 70}{space 3}  .009263
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} -1.04127{col 29}{space 2} .8817842{col 40}{space 1}   -1.18{col 49}{space 3}0.239{col 57}{space 4}-2.778222{col 70}{space 3} .6956821
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .1335525{col 29}{space 2} .1020925{col 40}{space 1}    1.31{col 49}{space 3}0.192{col 57}{space 4}-.0675508{col 70}{space 3} .3346559
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} .2257248{col 29}{space 2} 1.046486{col 40}{space 1}    0.22{col 49}{space 3}0.829{col 57}{space 4} -1.83566{col 70}{space 3}  2.28711
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .2454228{col 29}{space 2} .0572589{col 40}{space 1}    4.29{col 49}{space 3}0.000{col 57}{space 4} .1326334{col 70}{space 3} .3582122
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} 1.229504{col 29}{space 2} 1.272224{col 40}{space 1}    0.97{col 49}{space 3}0.335{col 57}{space 4}-1.276543{col 70}{space 3}  3.73555
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0469129{col 29}{space 2} .0851534{col 40}{space 1}    0.55{col 49}{space 3}0.582{col 57}{space 4}-.1208235{col 70}{space 3} .2146494
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} 1.469607{col 29}{space 2} 1.388426{col 40}{space 1}    1.06{col 49}{space 3}0.291{col 57}{space 4}-1.265336{col 70}{space 3} 4.204551
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L4D. {c |}{col 17}{res}{space 2}-.0328343{col 29}{space 2} .0678129{col 40}{space 1}   -0.48{col 49}{space 3}0.629{col 57}{space 4}-.1664131{col 70}{space 3} .1007446
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .7832139{col 29}{space 2} 1.154266{col 40}{space 1}    0.68{col 49}{space 3}0.498{col 57}{space 4}-1.490477{col 70}{space 3} 3.056905
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2}-63.41624{col 29}{space 2} 41.67429{col 40}{space 1}   -1.52{col 49}{space 3}0.129{col 57}{space 4}-145.5069{col 70}{space 3} 18.67441
{txt}{space 12}37  {c |}{col 17}{res}{space 2}-66.35462{col 29}{space 2} 42.76183{col 40}{space 1}   -1.55{col 49}{space 3}0.122{col 57}{space 4}-150.5875{col 70}{space 3} 17.87827
{txt}{space 12}48  {c |}{col 17}{res}{space 2}-29.83462{col 29}{space 2} 35.28411{col 40}{space 1}   -0.85{col 49}{space 3}0.399{col 57}{space 4} -99.3378{col 70}{space 3} 39.66855
{txt}{space 12}51  {c |}{col 17}{res}{space 2} 50.78599{col 29}{space 2} 25.80455{col 40}{space 1}    1.97{col 49}{space 3}0.050{col 57}{space 4}-.0442091{col 70}{space 3} 101.6162
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2} 639.8938{col 29}{space 2} 125.0189{col 40}{space 1}    5.12{col 49}{space 3}0.000{col 57}{space 4} 393.6297{col 70}{space 3} 886.1578
{txt}{space 10}1949  {c |}{col 17}{res}{space 2} 635.7028{col 29}{space 2} 140.4973{col 40}{space 1}    4.52{col 49}{space 3}0.000{col 57}{space 4}  358.949{col 70}{space 3} 912.4565
{txt}{space 10}1950  {c |}{col 17}{res}{space 2} 791.1149{col 29}{space 2} 159.9329{col 40}{space 1}    4.95{col 49}{space 3}0.000{col 57}{space 4} 476.0766{col 70}{space 3} 1106.153
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} 493.0013{col 29}{space 2} 145.1514{col 40}{space 1}    3.40{col 49}{space 3}0.001{col 57}{space 4} 207.0799{col 70}{space 3} 778.9227
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}  510.071{col 29}{space 2} 121.4501{col 40}{space 1}    4.20{col 49}{space 3}0.000{col 57}{space 4} 270.8368{col 70}{space 3} 749.3051
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 532.7055{col 29}{space 2} 130.2384{col 40}{space 1}    4.09{col 49}{space 3}0.000{col 57}{space 4}   276.16{col 70}{space 3}  789.251
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} 436.3955{col 29}{space 2} 121.3947{col 40}{space 1}    3.59{col 49}{space 3}0.000{col 57}{space 4} 197.2704{col 70}{space 3} 675.5205
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} 792.7178{col 29}{space 2} 124.3305{col 40}{space 1}    6.38{col 49}{space 3}0.000{col 57}{space 4} 547.8096{col 70}{space 3} 1037.626
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} 662.9435{col 29}{space 2} 131.5344{col 40}{space 1}    5.04{col 49}{space 3}0.000{col 57}{space 4} 403.8451{col 70}{space 3} 922.0419
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 292.1294{col 29}{space 2} 134.2518{col 40}{space 1}    2.18{col 49}{space 3}0.031{col 57}{space 4} 27.67808{col 70}{space 3} 556.5807
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} 432.9601{col 29}{space 2} 132.3367{col 40}{space 1}    3.27{col 49}{space 3}0.001{col 57}{space 4} 172.2812{col 70}{space 3} 693.6389
{txt}{space 10}1959  {c |}{col 17}{res}{space 2} 760.2073{col 29}{space 2} 118.3304{col 40}{space 1}    6.42{col 49}{space 3}0.000{col 57}{space 4} 527.1183{col 70}{space 3} 993.2962
{txt}{space 10}1960  {c |}{col 17}{res}{space 2} 505.2035{col 29}{space 2}  130.245{col 40}{space 1}    3.88{col 49}{space 3}0.000{col 57}{space 4}  248.645{col 70}{space 3} 761.7621
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} 549.3958{col 29}{space 2} 134.8813{col 40}{space 1}    4.07{col 49}{space 3}0.000{col 57}{space 4} 283.7045{col 70}{space 3} 815.0871
{txt}{space 10}1962  {c |}{col 17}{res}{space 2} 700.4487{col 29}{space 2} 124.3374{col 40}{space 1}    5.63{col 49}{space 3}0.000{col 57}{space 4}  455.527{col 70}{space 3} 945.3704
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 682.3551{col 29}{space 2} 131.5242{col 40}{space 1}    5.19{col 49}{space 3}0.000{col 57}{space 4} 423.2768{col 70}{space 3} 941.4333
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 814.6038{col 29}{space 2} 129.1224{col 40}{space 1}    6.31{col 49}{space 3}0.000{col 57}{space 4} 560.2564{col 70}{space 3} 1068.951
{txt}{space 10}1965  {c |}{col 17}{res}{space 2} 799.8741{col 29}{space 2} 133.1147{col 40}{space 1}    6.01{col 49}{space 3}0.000{col 57}{space 4} 537.6627{col 70}{space 3} 1062.086
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} 796.9531{col 29}{space 2} 144.6348{col 40}{space 1}    5.51{col 49}{space 3}0.000{col 57}{space 4} 512.0494{col 70}{space 3} 1081.857
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 824.1467{col 29}{space 2} 134.8485{col 40}{space 1}    6.11{col 49}{space 3}0.000{col 57}{space 4}   558.52{col 70}{space 3} 1089.773
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 878.6587{col 29}{space 2} 139.0846{col 40}{space 1}    6.32{col 49}{space 3}0.000{col 57}{space 4} 604.6877{col 70}{space 3}  1152.63
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 872.1964{col 29}{space 2} 153.2026{col 40}{space 1}    5.69{col 49}{space 3}0.000{col 57}{space 4} 570.4156{col 70}{space 3} 1173.977
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 630.8451{col 29}{space 2} 157.9924{col 40}{space 1}    3.99{col 49}{space 3}0.000{col 57}{space 4} 319.6293{col 70}{space 3}  942.061
{txt}{space 10}1971  {c |}{col 17}{res}{space 2} 784.5972{col 29}{space 2} 155.0967{col 40}{space 1}    5.06{col 49}{space 3}0.000{col 57}{space 4} 479.0854{col 70}{space 3} 1090.109
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 1204.372{col 29}{space 2}  159.973{col 40}{space 1}    7.53{col 49}{space 3}0.000{col 57}{space 4}  889.255{col 70}{space 3}  1519.49
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 1058.038{col 29}{space 2} 180.4446{col 40}{space 1}    5.86{col 49}{space 3}0.000{col 57}{space 4} 702.5958{col 70}{space 3} 1413.481
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 311.4807{col 29}{space 2} 199.0633{col 40}{space 1}    1.56{col 49}{space 3}0.119{col 57}{space 4}-80.63714{col 70}{space 3} 703.5985
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} 450.0281{col 29}{space 2} 205.6691{col 40}{space 1}    2.19{col 49}{space 3}0.030{col 57}{space 4} 44.89799{col 70}{space 3} 855.1582
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} 1168.974{col 29}{space 2} 174.4841{col 40}{space 1}    6.70{col 49}{space 3}0.000{col 57}{space 4}  825.273{col 70}{space 3} 1512.676
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} 1027.222{col 29}{space 2} 202.1435{col 40}{space 1}    5.08{col 49}{space 3}0.000{col 57}{space 4} 629.0361{col 70}{space 3} 1425.407
{txt}{space 10}1978  {c |}{col 17}{res}{space 2} 1078.154{col 29}{space 2} 221.7923{col 40}{space 1}    4.86{col 49}{space 3}0.000{col 57}{space 4} 641.2639{col 70}{space 3} 1515.044
{txt}{space 10}1979  {c |}{col 17}{res}{space 2} 580.1894{col 29}{space 2} 208.3996{col 40}{space 1}    2.78{col 49}{space 3}0.006{col 57}{space 4} 169.6808{col 70}{space 3}  990.698
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 460.6404{col 29}{space 2} 207.6696{col 40}{space 1}    2.22{col 49}{space 3}0.027{col 57}{space 4} 51.56966{col 70}{space 3} 869.7111
{txt}{space 10}1981  {c |}{col 17}{res}{space 2} 944.9779{col 29}{space 2} 224.8996{col 40}{space 1}    4.20{col 49}{space 3}0.000{col 57}{space 4} 501.9673{col 70}{space 3} 1387.988
{txt}{space 10}1982  {c |}{col 17}{res}{space 2} 800.9963{col 29}{space 2} 212.9064{col 40}{space 1}    3.76{col 49}{space 3}0.000{col 57}{space 4} 381.6101{col 70}{space 3} 1220.382
{txt}{space 10}1983  {c |}{col 17}{res}{space 2} 1121.402{col 29}{space 2} 213.7545{col 40}{space 1}    5.25{col 49}{space 3}0.000{col 57}{space 4} 700.3453{col 70}{space 3} 1542.459
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 1359.089{col 29}{space 2} 218.8242{col 40}{space 1}    6.21{col 49}{space 3}0.000{col 57}{space 4} 928.0456{col 70}{space 3} 1790.132
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 1008.742{col 29}{space 2} 234.2876{col 40}{space 1}    4.31{col 49}{space 3}0.000{col 57}{space 4} 547.2386{col 70}{space 3} 1470.245
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} 970.7991{col 29}{space 2} 230.2716{col 40}{space 1}    4.22{col 49}{space 3}0.000{col 57}{space 4} 517.2067{col 70}{space 3} 1424.391
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 847.7374{col 29}{space 2} 225.1735{col 40}{space 1}    3.76{col 49}{space 3}0.000{col 57}{space 4} 404.1872{col 70}{space 3} 1291.288
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} 1097.904{col 29}{space 2} 238.3395{col 40}{space 1}    4.61{col 49}{space 3}0.000{col 57}{space 4} 628.4192{col 70}{space 3} 1567.389
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 1032.379{col 29}{space 2} 255.6997{col 40}{space 1}    4.04{col 49}{space 3}0.000{col 57}{space 4} 528.6977{col 70}{space 3}  1536.06
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}  671.287{col 29}{space 2} 283.7801{col 40}{space 1}    2.37{col 49}{space 3}0.019{col 57}{space 4} 112.2926{col 70}{space 3} 1230.281
{txt}{space 10}1991  {c |}{col 17}{res}{space 2} 616.2376{col 29}{space 2} 272.0806{col 40}{space 1}    2.26{col 49}{space 3}0.024{col 57}{space 4} 80.28919{col 70}{space 3} 1152.186
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 1202.266{col 29}{space 2}  271.247{col 40}{space 1}    4.43{col 49}{space 3}0.000{col 57}{space 4} 667.9594{col 70}{space 3} 1736.572
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 1019.913{col 29}{space 2} 280.6482{col 40}{space 1}    3.63{col 49}{space 3}0.000{col 57}{space 4} 467.0879{col 70}{space 3} 1572.738
{txt}{space 10}1994  {c |}{col 17}{res}{space 2} 1053.194{col 29}{space 2} 303.1769{col 40}{space 1}    3.47{col 49}{space 3}0.001{col 57}{space 4} 455.9915{col 70}{space 3} 1650.397
{txt}{space 10}1995  {c |}{col 17}{res}{space 2}  1074.29{col 29}{space 2} 287.0007{col 40}{space 1}    3.74{col 49}{space 3}0.000{col 57}{space 4} 508.9516{col 70}{space 3} 1639.628
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 1135.673{col 29}{space 2} 289.6438{col 40}{space 1}    3.92{col 49}{space 3}0.000{col 57}{space 4} 565.1285{col 70}{space 3} 1706.218
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 1226.591{col 29}{space 2} 297.4437{col 40}{space 1}    4.12{col 49}{space 3}0.000{col 57}{space 4} 640.6822{col 70}{space 3}   1812.5
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 1500.843{col 29}{space 2} 298.2944{col 40}{space 1}    5.03{col 49}{space 3}0.000{col 57}{space 4} 913.2582{col 70}{space 3} 2088.428
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 1121.073{col 29}{space 2}  303.706{col 40}{space 1}    3.69{col 49}{space 3}0.000{col 57}{space 4} 522.8288{col 70}{space 3} 1719.318
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 1342.181{col 29}{space 2} 317.7609{col 40}{space 1}    4.22{col 49}{space 3}0.000{col 57}{space 4} 716.2506{col 70}{space 3} 1968.111
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 897.2392{col 29}{space 2} 291.7946{col 40}{space 1}    3.07{col 49}{space 3}0.002{col 57}{space 4} 322.4578{col 70}{space 3} 1472.021
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} 782.8027{col 29}{space 2} 339.6505{col 40}{space 1}    2.30{col 49}{space 3}0.022{col 57}{space 4}  113.754{col 70}{space 3} 1451.851
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 1067.082{col 29}{space 2} 310.2111{col 40}{space 1}    3.44{col 49}{space 3}0.001{col 57}{space 4} 456.0235{col 70}{space 3} 1678.141
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 1504.113{col 29}{space 2} 344.9885{col 40}{space 1}    4.36{col 49}{space 3}0.000{col 57}{space 4} 824.5495{col 70}{space 3} 2183.677
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 1370.337{col 29}{space 2} 370.8893{col 40}{space 1}    3.69{col 49}{space 3}0.000{col 57}{space 4} 639.7537{col 70}{space 3}  2100.92
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 1308.413{col 29}{space 2} 353.4724{col 40}{space 1}    3.70{col 49}{space 3}0.000{col 57}{space 4} 612.1378{col 70}{space 3} 2004.688
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 1168.024{col 29}{space 2} 345.2641{col 40}{space 1}    3.38{col 49}{space 3}0.001{col 57}{space 4} 487.9175{col 70}{space 3}  1848.13
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 845.0481{col 29}{space 2} 425.0052{col 40}{space 1}    1.99{col 49}{space 3}0.048{col 57}{space 4} 7.866329{col 70}{space 3}  1682.23
{txt}{space 10}2009  {c |}{col 17}{res}{space 2} 103.0431{col 29}{space 2} 361.4893{col 40}{space 1}    0.29{col 49}{space 3}0.776{col 57}{space 4} -609.024{col 70}{space 3} 815.1103
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} 1348.207{col 29}{space 2} 378.5856{col 40}{space 1}    3.56{col 49}{space 3}0.000{col 57}{space 4} 602.4635{col 70}{space 3} 2093.951
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} -214.628{col 29}{space 2} 181.5631{col 40}{space 1}   -1.18{col 49}{space 3}0.238{col 57}{space 4}-572.2738{col 70}{space 3} 143.0177
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. newey d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann  l4.d.klarnerranney l3.d.real_pc_inc_ann  i.state_fips i.year if newsouth==1, lag(8) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       320
{txt}maximum lag: {res}8{col 49}{txt}F( 77,       242){col 67}= {res}      4.91
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}  Newey-West
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1335675{col 29}{space 2} .0378664{col 40}{space 1}   -3.53{col 49}{space 3}0.001{col 57}{space 4}-.2081572{col 70}{space 3}-.0589777
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}  .000812{col 29}{space 2} .0007516{col 40}{space 1}    1.08{col 49}{space 3}0.281{col 57}{space 4}-.0006686{col 70}{space 3} .0022925
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-.0448784{col 29}{space 2} .0489234{col 40}{space 1}   -0.92{col 49}{space 3}0.360{col 57}{space 4}-.1412485{col 70}{space 3} .0514917
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} .0004782{col 29}{space 2}  .002332{col 40}{space 1}    0.21{col 49}{space 3}0.838{col 57}{space 4}-.0041153{col 70}{space 3} .0050717
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.1588245{col 29}{space 2} .0782233{col 40}{space 1}   -2.03{col 49}{space 3}0.043{col 57}{space 4}-.3129099{col 70}{space 3} -.004739
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0034074{col 29}{space 2} .0025815{col 40}{space 1}    1.32{col 49}{space 3}0.188{col 57}{space 4}-.0016777{col 70}{space 3} .0084925
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}-.0713864{col 29}{space 2} .0553032{col 40}{space 1}   -1.29{col 49}{space 3}0.198{col 57}{space 4}-.1803236{col 70}{space 3} .0375507
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0026135{col 29}{space 2}  .002474{col 40}{space 1}   -1.06{col 49}{space 3}0.292{col 57}{space 4}-.0074868{col 70}{space 3} .0022597
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L4D. {c |}{col 17}{res}{space 2}-.0119479{col 29}{space 2}  .073589{col 40}{space 1}   -0.16{col 49}{space 3}0.871{col 57}{space 4}-.1569045{col 70}{space 3} .1330088
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0011321{col 29}{space 2} .0027269{col 40}{space 1}    0.42{col 49}{space 3}0.678{col 57}{space 4}-.0042394{col 70}{space 3} .0065035
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2}-.9528836{col 29}{space 2} 1.995673{col 40}{space 1}   -0.48{col 49}{space 3}0.633{col 57}{space 4}-4.883991{col 70}{space 3} 2.978223
{txt}{space 12}37  {c |}{col 17}{res}{space 2} .1855805{col 29}{space 2} 1.938515{col 40}{space 1}    0.10{col 49}{space 3}0.924{col 57}{space 4}-3.632935{col 70}{space 3} 4.004096
{txt}{space 12}48  {c |}{col 17}{res}{space 2}-.9722177{col 29}{space 2} 1.720578{col 40}{space 1}   -0.57{col 49}{space 3}0.573{col 57}{space 4}-4.361438{col 70}{space 3} 2.417003
{txt}{space 12}51  {c |}{col 17}{res}{space 2}-.4295086{col 29}{space 2} 1.256925{col 40}{space 1}   -0.34{col 49}{space 3}0.733{col 57}{space 4}-2.905419{col 70}{space 3} 2.046401
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2}-.7151543{col 29}{space 2} 2.026286{col 40}{space 1}   -0.35{col 49}{space 3}0.724{col 57}{space 4}-4.706563{col 70}{space 3} 3.276255
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-2.129037{col 29}{space 2} 3.071815{col 40}{space 1}   -0.69{col 49}{space 3}0.489{col 57}{space 4}-8.179946{col 70}{space 3} 3.921871
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}-.9726284{col 29}{space 2} 3.273666{col 40}{space 1}   -0.30{col 49}{space 3}0.767{col 57}{space 4}-7.421144{col 70}{space 3} 5.475888
{txt}{space 10}1951  {c |}{col 17}{res}{space 2}-2.492454{col 29}{space 2} 2.805418{col 40}{space 1}   -0.89{col 49}{space 3}0.375{col 57}{space 4}-8.018608{col 70}{space 3}   3.0337
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}-.4797581{col 29}{space 2} 2.336297{col 40}{space 1}   -0.21{col 49}{space 3}0.837{col 57}{space 4}-5.081831{col 70}{space 3} 4.122315
{txt}{space 10}1953  {c |}{col 17}{res}{space 2}-.0441242{col 29}{space 2} 2.310336{col 40}{space 1}   -0.02{col 49}{space 3}0.985{col 57}{space 4}-4.595059{col 70}{space 3}  4.50681
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} -1.22837{col 29}{space 2} 2.100484{col 40}{space 1}   -0.58{col 49}{space 3}0.559{col 57}{space 4}-5.365936{col 70}{space 3} 2.909195
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}-1.585696{col 29}{space 2} 2.432157{col 40}{space 1}   -0.65{col 49}{space 3}0.515{col 57}{space 4}-6.376596{col 70}{space 3} 3.205205
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-2.928105{col 29}{space 2} 2.842738{col 40}{space 1}   -1.03{col 49}{space 3}0.304{col 57}{space 4}-8.527772{col 70}{space 3} 2.671563
{txt}{space 10}1957  {c |}{col 17}{res}{space 2}-.3836329{col 29}{space 2} 2.976675{col 40}{space 1}   -0.13{col 49}{space 3}0.898{col 57}{space 4}-6.247132{col 70}{space 3} 5.479866
{txt}{space 10}1958  {c |}{col 17}{res}{space 2}-1.031854{col 29}{space 2}  1.61164{col 40}{space 1}   -0.64{col 49}{space 3}0.523{col 57}{space 4}-4.206487{col 70}{space 3} 2.142779
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-4.690468{col 29}{space 2}  3.10734{col 40}{space 1}   -1.51{col 49}{space 3}0.132{col 57}{space 4}-10.81135{col 70}{space 3} 1.430418
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-3.072323{col 29}{space 2} 2.954306{col 40}{space 1}   -1.04{col 49}{space 3}0.299{col 57}{space 4}-8.891759{col 70}{space 3} 2.747113
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} .8181794{col 29}{space 2} 3.028254{col 40}{space 1}    0.27{col 49}{space 3}0.787{col 57}{space 4}-5.146921{col 70}{space 3}  6.78328
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}-2.978069{col 29}{space 2} 2.548128{col 40}{space 1}   -1.17{col 49}{space 3}0.244{col 57}{space 4} -7.99741{col 70}{space 3} 2.041272
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 1.032549{col 29}{space 2} 3.123755{col 40}{space 1}    0.33{col 49}{space 3}0.741{col 57}{space 4} -5.12067{col 70}{space 3} 7.185769
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} .5303274{col 29}{space 2} 3.095617{col 40}{space 1}    0.17{col 49}{space 3}0.864{col 57}{space 4}-5.567466{col 70}{space 3} 6.628121
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}-2.077325{col 29}{space 2} 5.247324{col 40}{space 1}   -0.40{col 49}{space 3}0.693{col 57}{space 4}-12.41358{col 70}{space 3} 8.258934
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} .1508838{col 29}{space 2}  3.96076{col 40}{space 1}    0.04{col 49}{space 3}0.970{col 57}{space 4}-7.651082{col 70}{space 3} 7.952849
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 13.49578{col 29}{space 2}  12.0192{col 40}{space 1}    1.12{col 49}{space 3}0.263{col 57}{space 4}-10.17982{col 70}{space 3} 37.17138
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 3.163114{col 29}{space 2} 3.865667{col 40}{space 1}    0.82{col 49}{space 3}0.414{col 57}{space 4}-4.451535{col 70}{space 3} 10.77776
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 2.658257{col 29}{space 2} 5.473641{col 40}{space 1}    0.49{col 49}{space 3}0.628{col 57}{space 4}-8.123805{col 70}{space 3} 13.44032
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 3.302007{col 29}{space 2} 5.198972{col 40}{space 1}    0.64{col 49}{space 3}0.526{col 57}{space 4}-6.939007{col 70}{space 3} 13.54302
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}-3.899116{col 29}{space 2}  4.85918{col 40}{space 1}   -0.80{col 49}{space 3}0.423{col 57}{space 4} -13.4708{col 70}{space 3} 5.672569
{txt}{space 10}1972  {c |}{col 17}{res}{space 2}-1.759635{col 29}{space 2} 4.773302{col 40}{space 1}   -0.37{col 49}{space 3}0.713{col 57}{space 4}-11.16216{col 70}{space 3} 7.642888
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 7.159751{col 29}{space 2} 5.942911{col 40}{space 1}    1.20{col 49}{space 3}0.229{col 57}{space 4}-4.546686{col 70}{space 3} 18.86619
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} .2283079{col 29}{space 2} 5.253924{col 40}{space 1}    0.04{col 49}{space 3}0.965{col 57}{space 4}-10.12095{col 70}{space 3} 10.57757
{txt}{space 10}1975  {c |}{col 17}{res}{space 2}-12.06513{col 29}{space 2} 8.522381{col 40}{space 1}   -1.42{col 49}{space 3}0.158{col 57}{space 4}-28.85264{col 70}{space 3} 4.722389
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-4.708909{col 29}{space 2} 5.768828{col 40}{space 1}   -0.82{col 49}{space 3}0.415{col 57}{space 4}-16.07243{col 70}{space 3} 6.654616
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}-8.159801{col 29}{space 2}   6.3707{col 40}{space 1}   -1.28{col 49}{space 3}0.201{col 57}{space 4} -20.7089{col 70}{space 3}   4.3893
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}-3.778727{col 29}{space 2} 5.849664{col 40}{space 1}   -0.65{col 49}{space 3}0.519{col 57}{space 4}-15.30148{col 70}{space 3} 7.744029
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}-1.504297{col 29}{space 2} 5.837046{col 40}{space 1}   -0.26{col 49}{space 3}0.797{col 57}{space 4} -13.0022{col 70}{space 3} 9.993604
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 1.359719{col 29}{space 2} 5.577019{col 40}{space 1}    0.24{col 49}{space 3}0.808{col 57}{space 4}-9.625978{col 70}{space 3} 12.34542
{txt}{space 10}1981  {c |}{col 17}{res}{space 2} 7.460717{col 29}{space 2} 6.664465{col 40}{space 1}    1.12{col 49}{space 3}0.264{col 57}{space 4}-5.667047{col 70}{space 3} 20.58848
{txt}{space 10}1982  {c |}{col 17}{res}{space 2}  .779619{col 29}{space 2} 6.739794{col 40}{space 1}    0.12{col 49}{space 3}0.908{col 57}{space 4}-12.49653{col 70}{space 3} 14.05577
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-5.813596{col 29}{space 2}  6.23781{col 40}{space 1}   -0.93{col 49}{space 3}0.352{col 57}{space 4}-18.10093{col 70}{space 3} 6.473737
{txt}{space 10}1984  {c |}{col 17}{res}{space 2}-3.272122{col 29}{space 2} 6.598016{col 40}{space 1}   -0.50{col 49}{space 3}0.620{col 57}{space 4}-16.26899{col 70}{space 3}  9.72475
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 5.609888{col 29}{space 2} 8.911689{col 40}{space 1}    0.63{col 49}{space 3}0.530{col 57}{space 4}-11.94449{col 70}{space 3} 23.16427
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} -1.36328{col 29}{space 2} 6.599125{col 40}{space 1}   -0.21{col 49}{space 3}0.837{col 57}{space 4}-14.36234{col 70}{space 3} 11.63578
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 2.148356{col 29}{space 2} 6.897638{col 40}{space 1}    0.31{col 49}{space 3}0.756{col 57}{space 4}-11.43872{col 70}{space 3} 15.73543
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}-.3356049{col 29}{space 2} 6.974416{col 40}{space 1}   -0.05{col 49}{space 3}0.962{col 57}{space 4}-14.07392{col 70}{space 3} 13.40271
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 4.986105{col 29}{space 2} 8.080149{col 40}{space 1}    0.62{col 49}{space 3}0.538{col 57}{space 4} -10.9303{col 70}{space 3}  20.9025
{txt}{space 10}1990  {c |}{col 17}{res}{space 2} .5282939{col 29}{space 2} 7.524931{col 40}{space 1}    0.07{col 49}{space 3}0.944{col 57}{space 4}-14.29443{col 70}{space 3} 15.35102
{txt}{space 10}1991  {c |}{col 17}{res}{space 2} .0927099{col 29}{space 2} 7.186832{col 40}{space 1}    0.01{col 49}{space 3}0.990{col 57}{space 4}-14.06402{col 70}{space 3} 14.24944
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 5.197281{col 29}{space 2} 8.201926{col 40}{space 1}    0.63{col 49}{space 3}0.527{col 57}{space 4}  -10.959{col 70}{space 3} 21.35356
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 5.192291{col 29}{space 2} 8.801016{col 40}{space 1}    0.59{col 49}{space 3}0.556{col 57}{space 4}-12.14408{col 70}{space 3} 22.52867
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}  3.94993{col 29}{space 2} 8.250295{col 40}{space 1}    0.48{col 49}{space 3}0.633{col 57}{space 4}-12.30163{col 70}{space 3} 20.20149
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 14.80398{col 29}{space 2} 9.988867{col 40}{space 1}    1.48{col 49}{space 3}0.140{col 57}{space 4}-4.872237{col 70}{space 3}  34.4802
{txt}{space 10}1996  {c |}{col 17}{res}{space 2}  3.91083{col 29}{space 2} 8.870628{col 40}{space 1}    0.44{col 49}{space 3}0.660{col 57}{space 4}-13.56267{col 70}{space 3} 21.38433
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 5.346898{col 29}{space 2} 9.935201{col 40}{space 1}    0.54{col 49}{space 3}0.591{col 57}{space 4}-14.22361{col 70}{space 3} 24.91741
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 1.986314{col 29}{space 2} 9.253498{col 40}{space 1}    0.21{col 49}{space 3}0.830{col 57}{space 4}-16.24137{col 70}{space 3} 20.21399
{txt}{space 10}1999  {c |}{col 17}{res}{space 2}-5.698112{col 29}{space 2} 11.25143{col 40}{space 1}   -0.51{col 49}{space 3}0.613{col 57}{space 4}-27.86135{col 70}{space 3} 16.46513
{txt}{space 10}2000  {c |}{col 17}{res}{space 2}-.0177042{col 29}{space 2} 9.227867{col 40}{space 1}   -0.00{col 49}{space 3}0.998{col 57}{space 4} -18.1949{col 70}{space 3} 18.15949
{txt}{space 10}2001  {c |}{col 17}{res}{space 2}-3.279072{col 29}{space 2} 9.877488{col 40}{space 1}   -0.33{col 49}{space 3}0.740{col 57}{space 4} -22.7359{col 70}{space 3} 16.17775
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}-2.198644{col 29}{space 2}   9.0639{col 40}{space 1}   -0.24{col 49}{space 3}0.809{col 57}{space 4}-20.05285{col 70}{space 3} 15.65556
{txt}{space 10}2003  {c |}{col 17}{res}{space 2}-1.344845{col 29}{space 2} 11.17749{col 40}{space 1}   -0.12{col 49}{space 3}0.904{col 57}{space 4}-23.36244{col 70}{space 3} 20.67275
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} -1.74964{col 29}{space 2} 10.15798{col 40}{space 1}   -0.17{col 49}{space 3}0.863{col 57}{space 4}-21.75898{col 70}{space 3}  18.2597
{txt}{space 10}2005  {c |}{col 17}{res}{space 2}-5.511471{col 29}{space 2} 10.95838{col 40}{space 1}   -0.50{col 49}{space 3}0.615{col 57}{space 4}-27.09744{col 70}{space 3}  16.0745
{txt}{space 10}2006  {c |}{col 17}{res}{space 2}-2.134411{col 29}{space 2} 10.61701{col 40}{space 1}   -0.20{col 49}{space 3}0.841{col 57}{space 4}-23.04796{col 70}{space 3} 18.77913
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} -3.84972{col 29}{space 2} 10.07719{col 40}{space 1}   -0.38{col 49}{space 3}0.703{col 57}{space 4}-23.69991{col 70}{space 3} 16.00048
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} .5549873{col 29}{space 2} 10.10991{col 40}{space 1}    0.05{col 49}{space 3}0.956{col 57}{space 4}-19.35968{col 70}{space 3} 20.46965
{txt}{space 10}2009  {c |}{col 17}{res}{space 2} .6364384{col 29}{space 2} 10.41858{col 40}{space 1}    0.06{col 49}{space 3}0.951{col 57}{space 4}-19.88625{col 70}{space 3} 21.15912
{txt}{space 10}2010  {c |}{col 17}{res}{space 2}-3.834435{col 29}{space 2} 10.21984{col 40}{space 1}   -0.38{col 49}{space 3}0.708{col 57}{space 4}-23.96563{col 70}{space 3} 16.29676
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-1.714794{col 29}{space 2}  4.66182{col 40}{space 1}   -0.37{col 49}{space 3}0.713{col 57}{space 4}-10.89772{col 70}{space 3}  7.46813
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. reg d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney  l4.d.real_pc_inc_ann l3.d.klarnerranney  i.state_fips i.year if newsouth==1

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       320
{txt}{hline 13}{c +}{hline 34}   F(77, 242)      = {res}    15.10
{txt}       Model {c |} {res} 23332111.9        77   303014.44   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 4855782.31       242  20065.2162   {txt}R-squared       ={res}    0.8277
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.7729
{txt}       Total {c |} {res} 28187894.2       319  88363.3048   {txt}Root MSE        =   {res} 141.65

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.0419698{col 29}{space 2} .0195141{col 40}{space 1}   -2.15{col 49}{space 3}0.032{col 57}{space 4} -.080409{col 70}{space 3}-.0035306
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} -1.04127{col 29}{space 2} .9113775{col 40}{space 1}   -1.14{col 49}{space 3}0.254{col 57}{space 4}-2.836515{col 70}{space 3} .7539754
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .1335525{col 29}{space 2} .0633767{col 40}{space 1}    2.11{col 49}{space 3}0.036{col 57}{space 4} .0087121{col 70}{space 3}  .258393
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} .2257248{col 29}{space 2} 1.390822{col 40}{space 1}    0.16{col 49}{space 3}0.871{col 57}{space 4}-2.513938{col 70}{space 3} 2.965388
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .2454228{col 29}{space 2} .0664558{col 40}{space 1}    3.69{col 49}{space 3}0.000{col 57}{space 4} .1145171{col 70}{space 3} .3763285
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} 1.229504{col 29}{space 2}  1.47191{col 40}{space 1}    0.84{col 49}{space 3}0.404{col 57}{space 4}-1.669887{col 70}{space 3} 4.128894
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0469129{col 29}{space 2} .0720638{col 40}{space 1}    0.65{col 49}{space 3}0.516{col 57}{space 4}-.0950394{col 70}{space 3} .1888653
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} 1.469607{col 29}{space 2}  1.42606{col 40}{space 1}    1.03{col 49}{space 3}0.304{col 57}{space 4}-1.339467{col 70}{space 3} 4.278682
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L4D. {c |}{col 17}{res}{space 2}-.0328343{col 29}{space 2} .0672098{col 40}{space 1}   -0.49{col 49}{space 3}0.626{col 57}{space 4}-.1652251{col 70}{space 3} .0995566
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .7832139{col 29}{space 2} 1.413663{col 40}{space 1}    0.55{col 49}{space 3}0.580{col 57}{space 4} -2.00144{col 70}{space 3} 3.567868
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2}-63.41624{col 29}{space 2} 36.22122{col 40}{space 1}   -1.75{col 49}{space 3}0.081{col 57}{space 4}-134.7653{col 70}{space 3} 7.932863
{txt}{space 12}37  {c |}{col 17}{res}{space 2}-66.35462{col 29}{space 2} 37.40329{col 40}{space 1}   -1.77{col 49}{space 3}0.077{col 57}{space 4}-140.0322{col 70}{space 3} 7.322938
{txt}{space 12}48  {c |}{col 17}{res}{space 2}-29.83462{col 29}{space 2} 29.01384{col 40}{space 1}   -1.03{col 49}{space 3}0.305{col 57}{space 4}-86.98653{col 70}{space 3} 27.31728
{txt}{space 12}51  {c |}{col 17}{res}{space 2} 50.78599{col 29}{space 2} 26.41203{col 40}{space 1}    1.92{col 49}{space 3}0.056{col 57}{space 4} -1.24083{col 70}{space 3} 102.8128
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2} 639.8938{col 29}{space 2} 96.47501{col 40}{space 1}    6.63{col 49}{space 3}0.000{col 57}{space 4} 449.8558{col 70}{space 3} 829.9317
{txt}{space 10}1949  {c |}{col 17}{res}{space 2} 635.7028{col 29}{space 2} 116.6504{col 40}{space 1}    5.45{col 49}{space 3}0.000{col 57}{space 4}  405.923{col 70}{space 3} 865.4825
{txt}{space 10}1950  {c |}{col 17}{res}{space 2} 791.1149{col 29}{space 2} 127.2784{col 40}{space 1}    6.22{col 49}{space 3}0.000{col 57}{space 4} 540.3999{col 70}{space 3}  1041.83
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} 493.0013{col 29}{space 2}  125.997{col 40}{space 1}    3.91{col 49}{space 3}0.000{col 57}{space 4} 244.8105{col 70}{space 3} 741.1921
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}  510.071{col 29}{space 2} 107.4004{col 40}{space 1}    4.75{col 49}{space 3}0.000{col 57}{space 4} 298.5119{col 70}{space 3}   721.63
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 532.7055{col 29}{space 2} 103.6154{col 40}{space 1}    5.14{col 49}{space 3}0.000{col 57}{space 4} 328.6022{col 70}{space 3} 736.8088
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} 436.3955{col 29}{space 2} 100.4795{col 40}{space 1}    4.34{col 49}{space 3}0.000{col 57}{space 4} 238.4694{col 70}{space 3} 634.3215
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} 792.7178{col 29}{space 2} 101.8601{col 40}{space 1}    7.78{col 49}{space 3}0.000{col 57}{space 4} 592.0723{col 70}{space 3} 993.3633
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} 662.9435{col 29}{space 2} 110.1833{col 40}{space 1}    6.02{col 49}{space 3}0.000{col 57}{space 4} 445.9028{col 70}{space 3} 879.9842
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 292.1294{col 29}{space 2} 111.5337{col 40}{space 1}    2.62{col 49}{space 3}0.009{col 57}{space 4} 72.42856{col 70}{space 3} 511.8302
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} 432.9601{col 29}{space 2}  104.374{col 40}{space 1}    4.15{col 49}{space 3}0.000{col 57}{space 4} 227.3625{col 70}{space 3} 638.5576
{txt}{space 10}1959  {c |}{col 17}{res}{space 2} 760.2073{col 29}{space 2} 99.81721{col 40}{space 1}    7.62{col 49}{space 3}0.000{col 57}{space 4} 563.5858{col 70}{space 3} 956.8287
{txt}{space 10}1960  {c |}{col 17}{res}{space 2} 505.2035{col 29}{space 2} 112.8529{col 40}{space 1}    4.48{col 49}{space 3}0.000{col 57}{space 4} 282.9043{col 70}{space 3} 727.5028
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} 549.3958{col 29}{space 2} 114.6549{col 40}{space 1}    4.79{col 49}{space 3}0.000{col 57}{space 4} 323.5469{col 70}{space 3} 775.2448
{txt}{space 10}1962  {c |}{col 17}{res}{space 2} 700.4487{col 29}{space 2} 110.3531{col 40}{space 1}    6.35{col 49}{space 3}0.000{col 57}{space 4} 483.0735{col 70}{space 3} 917.8238
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 682.3551{col 29}{space 2} 111.1781{col 40}{space 1}    6.14{col 49}{space 3}0.000{col 57}{space 4} 463.3548{col 70}{space 3} 901.3553
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 814.6038{col 29}{space 2}  115.834{col 40}{space 1}    7.03{col 49}{space 3}0.000{col 57}{space 4} 586.4321{col 70}{space 3} 1042.775
{txt}{space 10}1965  {c |}{col 17}{res}{space 2} 799.8741{col 29}{space 2} 117.7103{col 40}{space 1}    6.80{col 49}{space 3}0.000{col 57}{space 4} 568.0065{col 70}{space 3} 1031.742
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} 796.9531{col 29}{space 2} 118.2495{col 40}{space 1}    6.74{col 49}{space 3}0.000{col 57}{space 4} 564.0235{col 70}{space 3} 1029.883
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 824.1467{col 29}{space 2} 121.3668{col 40}{space 1}    6.79{col 49}{space 3}0.000{col 57}{space 4} 585.0766{col 70}{space 3} 1063.217
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 878.6587{col 29}{space 2} 122.6622{col 40}{space 1}    7.16{col 49}{space 3}0.000{col 57}{space 4} 637.0368{col 70}{space 3} 1120.281
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 872.1964{col 29}{space 2} 127.6665{col 40}{space 1}    6.83{col 49}{space 3}0.000{col 57}{space 4}  620.717{col 70}{space 3} 1123.676
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 630.8451{col 29}{space 2} 132.1016{col 40}{space 1}    4.78{col 49}{space 3}0.000{col 57}{space 4} 370.6295{col 70}{space 3} 891.0608
{txt}{space 10}1971  {c |}{col 17}{res}{space 2} 784.5972{col 29}{space 2} 130.0168{col 40}{space 1}    6.03{col 49}{space 3}0.000{col 57}{space 4} 528.4881{col 70}{space 3} 1040.706
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 1204.372{col 29}{space 2} 134.2886{col 40}{space 1}    8.97{col 49}{space 3}0.000{col 57}{space 4} 939.8486{col 70}{space 3} 1468.896
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 1058.038{col 29}{space 2} 152.3831{col 40}{space 1}    6.94{col 49}{space 3}0.000{col 57}{space 4} 757.8718{col 70}{space 3} 1358.205
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 311.4807{col 29}{space 2} 161.4771{col 40}{space 1}    1.93{col 49}{space 3}0.055{col 57}{space 4}-6.599303{col 70}{space 3} 629.5607
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} 450.0281{col 29}{space 2} 148.7899{col 40}{space 1}    3.02{col 49}{space 3}0.003{col 57}{space 4} 156.9394{col 70}{space 3} 743.1167
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} 1168.974{col 29}{space 2} 144.3276{col 40}{space 1}    8.10{col 49}{space 3}0.000{col 57}{space 4} 884.6757{col 70}{space 3} 1453.273
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} 1027.222{col 29}{space 2} 169.0618{col 40}{space 1}    6.08{col 49}{space 3}0.000{col 57}{space 4} 694.2011{col 70}{space 3} 1360.242
{txt}{space 10}1978  {c |}{col 17}{res}{space 2} 1078.154{col 29}{space 2} 182.3786{col 40}{space 1}    5.91{col 49}{space 3}0.000{col 57}{space 4} 718.9016{col 70}{space 3} 1437.406
{txt}{space 10}1979  {c |}{col 17}{res}{space 2} 580.1894{col 29}{space 2} 177.1247{col 40}{space 1}    3.28{col 49}{space 3}0.001{col 57}{space 4} 231.2865{col 70}{space 3} 929.0923
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 460.6404{col 29}{space 2} 160.6921{col 40}{space 1}    2.87{col 49}{space 3}0.005{col 57}{space 4} 144.1066{col 70}{space 3} 777.1741
{txt}{space 10}1981  {c |}{col 17}{res}{space 2} 944.9779{col 29}{space 2} 160.5383{col 40}{space 1}    5.89{col 49}{space 3}0.000{col 57}{space 4} 628.7471{col 70}{space 3} 1261.209
{txt}{space 10}1982  {c |}{col 17}{res}{space 2} 800.9963{col 29}{space 2} 170.7772{col 40}{space 1}    4.69{col 49}{space 3}0.000{col 57}{space 4} 464.5967{col 70}{space 3} 1137.396
{txt}{space 10}1983  {c |}{col 17}{res}{space 2} 1121.402{col 29}{space 2} 181.9094{col 40}{space 1}    6.16{col 49}{space 3}0.000{col 57}{space 4} 763.0743{col 70}{space 3}  1479.73
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 1359.089{col 29}{space 2} 188.9043{col 40}{space 1}    7.19{col 49}{space 3}0.000{col 57}{space 4} 986.9821{col 70}{space 3} 1731.195
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 1008.742{col 29}{space 2} 194.8887{col 40}{space 1}    5.18{col 49}{space 3}0.000{col 57}{space 4}  624.847{col 70}{space 3} 1392.637
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} 970.7991{col 29}{space 2} 195.9844{col 40}{space 1}    4.95{col 49}{space 3}0.000{col 57}{space 4}  584.746{col 70}{space 3} 1356.852
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 847.7374{col 29}{space 2} 188.0541{col 40}{space 1}    4.51{col 49}{space 3}0.000{col 57}{space 4} 477.3055{col 70}{space 3} 1218.169
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} 1097.904{col 29}{space 2} 189.2321{col 40}{space 1}    5.80{col 49}{space 3}0.000{col 57}{space 4} 725.1518{col 70}{space 3} 1470.656
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 1032.379{col 29}{space 2} 203.1134{col 40}{space 1}    5.08{col 49}{space 3}0.000{col 57}{space 4}  632.283{col 70}{space 3} 1432.475
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}  671.287{col 29}{space 2} 209.8884{col 40}{space 1}    3.20{col 49}{space 3}0.002{col 57}{space 4} 257.8457{col 70}{space 3} 1084.728
{txt}{space 10}1991  {c |}{col 17}{res}{space 2} 616.2376{col 29}{space 2} 210.4438{col 40}{space 1}    2.93{col 49}{space 3}0.004{col 57}{space 4} 201.7023{col 70}{space 3} 1030.773
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 1202.266{col 29}{space 2}  207.527{col 40}{space 1}    5.79{col 49}{space 3}0.000{col 57}{space 4} 793.4761{col 70}{space 3} 1611.056
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 1019.913{col 29}{space 2} 223.5709{col 40}{space 1}    4.56{col 49}{space 3}0.000{col 57}{space 4} 579.5197{col 70}{space 3} 1460.306
{txt}{space 10}1994  {c |}{col 17}{res}{space 2} 1053.194{col 29}{space 2} 232.3904{col 40}{space 1}    4.53{col 49}{space 3}0.000{col 57}{space 4}  595.428{col 70}{space 3}  1510.96
{txt}{space 10}1995  {c |}{col 17}{res}{space 2}  1074.29{col 29}{space 2} 232.5172{col 40}{space 1}    4.62{col 49}{space 3}0.000{col 57}{space 4} 616.2741{col 70}{space 3} 1532.306
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 1135.673{col 29}{space 2} 227.9305{col 40}{space 1}    4.98{col 49}{space 3}0.000{col 57}{space 4} 686.6922{col 70}{space 3} 1584.654
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 1226.591{col 29}{space 2} 235.5228{col 40}{space 1}    5.21{col 49}{space 3}0.000{col 57}{space 4} 762.6548{col 70}{space 3} 1690.528
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 1500.843{col 29}{space 2}  239.955{col 40}{space 1}    6.25{col 49}{space 3}0.000{col 57}{space 4} 1028.176{col 70}{space 3}  1973.51
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 1121.073{col 29}{space 2} 252.7242{col 40}{space 1}    4.44{col 49}{space 3}0.000{col 57}{space 4} 623.2535{col 70}{space 3} 1618.893
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 1342.181{col 29}{space 2} 253.1391{col 40}{space 1}    5.30{col 49}{space 3}0.000{col 57}{space 4} 843.5436{col 70}{space 3} 1840.818
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 897.2392{col 29}{space 2}  258.645{col 40}{space 1}    3.47{col 49}{space 3}0.001{col 57}{space 4} 387.7563{col 70}{space 3} 1406.722
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} 782.8027{col 29}{space 2} 256.7733{col 40}{space 1}    3.05{col 49}{space 3}0.003{col 57}{space 4} 277.0067{col 70}{space 3} 1288.599
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 1067.082{col 29}{space 2} 260.4039{col 40}{space 1}    4.10{col 49}{space 3}0.000{col 57}{space 4} 554.1345{col 70}{space 3}  1580.03
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 1504.113{col 29}{space 2} 265.2541{col 40}{space 1}    5.67{col 49}{space 3}0.000{col 57}{space 4} 981.6117{col 70}{space 3} 2026.615
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 1370.337{col 29}{space 2} 285.0853{col 40}{space 1}    4.81{col 49}{space 3}0.000{col 57}{space 4} 808.7717{col 70}{space 3} 1931.902
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 1308.413{col 29}{space 2} 289.5719{col 40}{space 1}    4.52{col 49}{space 3}0.000{col 57}{space 4} 738.0099{col 70}{space 3} 1878.816
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 1168.024{col 29}{space 2} 286.1167{col 40}{space 1}    4.08{col 49}{space 3}0.000{col 57}{space 4} 604.4269{col 70}{space 3} 1731.621
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 845.0481{col 29}{space 2} 281.8181{col 40}{space 1}    3.00{col 49}{space 3}0.003{col 57}{space 4} 289.9185{col 70}{space 3} 1400.178
{txt}{space 10}2009  {c |}{col 17}{res}{space 2} 103.0431{col 29}{space 2} 281.7585{col 40}{space 1}    0.37{col 49}{space 3}0.715{col 57}{space 4}-451.9689{col 70}{space 3} 658.0552
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} 1348.207{col 29}{space 2} 277.4785{col 40}{space 1}    4.86{col 49}{space 3}0.000{col 57}{space 4} 801.6257{col 70}{space 3} 1894.788
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} -214.628{col 29}{space 2}   125.19{col 40}{space 1}   -1.71{col 49}{space 3}0.088{col 57}{space 4}-461.2292{col 70}{space 3}  31.9731
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       320{col 27}-2275.833{col 38}-1994.438{col 49}    78{col 58} 4144.876{col 69} 4438.805
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. reg d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann  l4.d.klarnerranney l3.d.real_pc_inc_ann  i.state_fips i.year if newsouth==1

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       320
{txt}{hline 13}{c +}{hline 34}   F(77, 242)      = {res}     2.43
{txt}       Model {c |} {res} 8012.27166        77  104.055476   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 10370.7104       242  42.8541753   {txt}R-squared       ={res}    0.4359
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.2564
{txt}       Total {c |} {res} 18382.9821       319  57.6269031   {txt}Root MSE        =   {res} 6.5463

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1335675{col 29}{space 2} .0425656{col 40}{space 1}   -3.14{col 49}{space 3}0.002{col 57}{space 4}-.2174138{col 70}{space 3}-.0497212
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}  .000812{col 29}{space 2} .0008722{col 40}{space 1}    0.93{col 49}{space 3}0.353{col 57}{space 4}-.0009061{col 70}{space 3}   .00253
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-.0448784{col 29}{space 2} .0694926{col 40}{space 1}   -0.65{col 49}{space 3}0.519{col 57}{space 4}-.1817659{col 70}{space 3} .0920091
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} .0004782{col 29}{space 2} .0029699{col 40}{space 1}    0.16{col 49}{space 3}0.872{col 57}{space 4}-.0053719{col 70}{space 3} .0063284
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.1588245{col 29}{space 2} .0683689{col 40}{space 1}   -2.32{col 49}{space 3}0.021{col 57}{space 4}-.2934986{col 70}{space 3}-.0241503
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0034074{col 29}{space 2} .0029347{col 40}{space 1}    1.16{col 49}{space 3}0.247{col 57}{space 4}-.0023733{col 70}{space 3} .0091881
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}-.0713864{col 29}{space 2} .0663866{col 40}{space 1}   -1.08{col 49}{space 3}0.283{col 57}{space 4}-.2021557{col 70}{space 3} .0593828
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0026135{col 29}{space 2} .0031477{col 40}{space 1}   -0.83{col 49}{space 3}0.407{col 57}{space 4} -.008814{col 70}{space 3} .0035869
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L4D. {c |}{col 17}{res}{space 2}-.0119479{col 29}{space 2} .0658537{col 40}{space 1}   -0.18{col 49}{space 3}0.856{col 57}{space 4}-.1416674{col 70}{space 3} .1177717
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0011321{col 29}{space 2} .0032869{col 40}{space 1}    0.34{col 49}{space 3}0.731{col 57}{space 4}-.0053425{col 70}{space 3} .0076066
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2}-.9528836{col 29}{space 2} 1.681512{col 40}{space 1}   -0.57{col 49}{space 3}0.571{col 57}{space 4}-4.265152{col 70}{space 3} 2.359385
{txt}{space 12}37  {c |}{col 17}{res}{space 2} .1855805{col 29}{space 2} 1.717559{col 40}{space 1}    0.11{col 49}{space 3}0.914{col 57}{space 4}-3.197693{col 70}{space 3} 3.568854
{txt}{space 12}48  {c |}{col 17}{res}{space 2}-.9722177{col 29}{space 2} 1.350628{col 40}{space 1}   -0.72{col 49}{space 3}0.472{col 57}{space 4}-3.632705{col 70}{space 3}  1.68827
{txt}{space 12}51  {c |}{col 17}{res}{space 2}-.4295086{col 29}{space 2} 1.228073{col 40}{space 1}   -0.35{col 49}{space 3}0.727{col 57}{space 4}-2.848585{col 70}{space 3} 1.989567
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2}-.7151543{col 29}{space 2} 4.838863{col 40}{space 1}   -0.15{col 49}{space 3}0.883{col 57}{space 4}-10.24682{col 70}{space 3} 8.816511
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-2.129037{col 29}{space 2}  5.66198{col 40}{space 1}   -0.38{col 49}{space 3}0.707{col 57}{space 4}-13.28209{col 70}{space 3} 9.024016
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}-.9726284{col 29}{space 2} 5.824908{col 40}{space 1}   -0.17{col 49}{space 3}0.868{col 57}{space 4}-12.44662{col 70}{space 3} 10.50136
{txt}{space 10}1951  {c |}{col 17}{res}{space 2}-2.492454{col 29}{space 2} 5.167564{col 40}{space 1}   -0.48{col 49}{space 3}0.630{col 57}{space 4} -12.6716{col 70}{space 3} 7.686691
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}-.4797581{col 29}{space 2} 4.918891{col 40}{space 1}   -0.10{col 49}{space 3}0.922{col 57}{space 4}-10.16906{col 70}{space 3} 9.209547
{txt}{space 10}1953  {c |}{col 17}{res}{space 2}-.0441242{col 29}{space 2} 4.747778{col 40}{space 1}   -0.01{col 49}{space 3}0.993{col 57}{space 4}-9.396369{col 70}{space 3} 9.308121
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} -1.22837{col 29}{space 2} 4.768082{col 40}{space 1}   -0.26{col 49}{space 3}0.797{col 57}{space 4}-10.62061{col 70}{space 3}  8.16387
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}-1.585696{col 29}{space 2} 5.051278{col 40}{space 1}   -0.31{col 49}{space 3}0.754{col 57}{space 4}-11.53578{col 70}{space 3} 8.364388
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-2.928105{col 29}{space 2} 5.294397{col 40}{space 1}   -0.55{col 49}{space 3}0.581{col 57}{space 4}-13.35709{col 70}{space 3} 7.500879
{txt}{space 10}1957  {c |}{col 17}{res}{space 2}-.3836329{col 29}{space 2}  4.98964{col 40}{space 1}   -0.08{col 49}{space 3}0.939{col 57}{space 4} -10.2123{col 70}{space 3} 9.445036
{txt}{space 10}1958  {c |}{col 17}{res}{space 2}-1.031854{col 29}{space 2} 4.515668{col 40}{space 1}   -0.23{col 49}{space 3}0.819{col 57}{space 4}-9.926886{col 70}{space 3} 7.863178
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-4.690468{col 29}{space 2}  5.05788{col 40}{space 1}   -0.93{col 49}{space 3}0.355{col 57}{space 4}-14.65356{col 70}{space 3} 5.272621
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-3.072323{col 29}{space 2} 5.308286{col 40}{space 1}   -0.58{col 49}{space 3}0.563{col 57}{space 4}-13.52867{col 70}{space 3} 7.384019
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} .8181794{col 29}{space 2}  5.04449{col 40}{space 1}    0.16{col 49}{space 3}0.871{col 57}{space 4}-9.118534{col 70}{space 3} 10.75489
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}-2.978069{col 29}{space 2} 5.097234{col 40}{space 1}   -0.58{col 49}{space 3}0.560{col 57}{space 4}-13.01868{col 70}{space 3}  7.06254
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 1.032549{col 29}{space 2} 5.387885{col 40}{space 1}    0.19{col 49}{space 3}0.848{col 57}{space 4}-9.580588{col 70}{space 3} 11.64569
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} .5303274{col 29}{space 2} 5.499402{col 40}{space 1}    0.10{col 49}{space 3}0.923{col 57}{space 4}-10.30248{col 70}{space 3} 11.36313
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}-2.077325{col 29}{space 2} 5.622667{col 40}{space 1}   -0.37{col 49}{space 3}0.712{col 57}{space 4}-13.15294{col 70}{space 3} 8.998289
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} .1508838{col 29}{space 2} 5.717605{col 40}{space 1}    0.03{col 49}{space 3}0.979{col 57}{space 4}-11.11174{col 70}{space 3} 11.41351
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 13.49578{col 29}{space 2} 5.761002{col 40}{space 1}    2.34{col 49}{space 3}0.020{col 57}{space 4} 2.147672{col 70}{space 3} 24.84389
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 3.163114{col 29}{space 2} 6.060829{col 40}{space 1}    0.52{col 49}{space 3}0.602{col 57}{space 4}-8.775599{col 70}{space 3} 15.10183
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 2.658257{col 29}{space 2} 6.248824{col 40}{space 1}    0.43{col 49}{space 3}0.671{col 57}{space 4}-9.650772{col 70}{space 3} 14.96729
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 3.302007{col 29}{space 2} 6.154683{col 40}{space 1}    0.54{col 49}{space 3}0.592{col 57}{space 4}-8.821581{col 70}{space 3} 15.42559
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}-3.899116{col 29}{space 2} 6.218734{col 40}{space 1}   -0.63{col 49}{space 3}0.531{col 57}{space 4}-16.14887{col 70}{space 3} 8.350641
{txt}{space 10}1972  {c |}{col 17}{res}{space 2}-1.759635{col 29}{space 2} 7.001007{col 40}{space 1}   -0.25{col 49}{space 3}0.802{col 57}{space 4}-15.55033{col 70}{space 3} 12.03105
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 7.159751{col 29}{space 2} 7.563314{col 40}{space 1}    0.95{col 49}{space 3}0.345{col 57}{space 4} -7.73858{col 70}{space 3} 22.05808
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} .2283079{col 29}{space 2} 7.024433{col 40}{space 1}    0.03{col 49}{space 3}0.974{col 57}{space 4}-13.60853{col 70}{space 3} 14.06514
{txt}{space 10}1975  {c |}{col 17}{res}{space 2}-12.06513{col 29}{space 2} 6.458955{col 40}{space 1}   -1.87{col 49}{space 3}0.063{col 57}{space 4}-24.78807{col 70}{space 3} .6578206
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-4.708909{col 29}{space 2} 7.420574{col 40}{space 1}   -0.63{col 49}{space 3}0.526{col 57}{space 4}-19.32607{col 70}{space 3} 9.908251
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}-8.159801{col 29}{space 2} 8.277226{col 40}{space 1}   -0.99{col 49}{space 3}0.325{col 57}{space 4}-24.46441{col 70}{space 3} 8.144803
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}-3.778727{col 29}{space 2} 8.288722{col 40}{space 1}   -0.46{col 49}{space 3}0.649{col 57}{space 4}-20.10598{col 70}{space 3} 12.54852
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}-1.504297{col 29}{space 2} 7.585309{col 40}{space 1}   -0.20{col 49}{space 3}0.843{col 57}{space 4}-16.44595{col 70}{space 3} 13.43736
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 1.359719{col 29}{space 2} 7.213556{col 40}{space 1}    0.19{col 49}{space 3}0.851{col 57}{space 4}-12.84965{col 70}{space 3} 15.56909
{txt}{space 10}1981  {c |}{col 17}{res}{space 2} 7.460717{col 29}{space 2} 7.483892{col 40}{space 1}    1.00{col 49}{space 3}0.320{col 57}{space 4}-7.281166{col 70}{space 3}  22.2026
{txt}{space 10}1982  {c |}{col 17}{res}{space 2}  .779619{col 29}{space 2} 8.073525{col 40}{space 1}    0.10{col 49}{space 3}0.923{col 57}{space 4}-15.12373{col 70}{space 3} 16.68297
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-5.813596{col 29}{space 2} 8.446541{col 40}{space 1}   -0.69{col 49}{space 3}0.492{col 57}{space 4}-22.45172{col 70}{space 3} 10.82453
{txt}{space 10}1984  {c |}{col 17}{res}{space 2}-3.272122{col 29}{space 2} 8.831964{col 40}{space 1}   -0.37{col 49}{space 3}0.711{col 57}{space 4}-20.66946{col 70}{space 3} 14.12521
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 5.609888{col 29}{space 2} 9.056696{col 40}{space 1}    0.62{col 49}{space 3}0.536{col 57}{space 4}-12.23013{col 70}{space 3}  23.4499
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} -1.36328{col 29}{space 2} 8.729857{col 40}{space 1}   -0.16{col 49}{space 3}0.876{col 57}{space 4}-18.55948{col 70}{space 3} 15.83293
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 2.148356{col 29}{space 2} 8.689612{col 40}{space 1}    0.25{col 49}{space 3}0.805{col 57}{space 4}-14.96857{col 70}{space 3} 19.26529
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}-.3356049{col 29}{space 2} 9.152984{col 40}{space 1}   -0.04{col 49}{space 3}0.971{col 57}{space 4}-18.36529{col 70}{space 3} 17.69408
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 4.986105{col 29}{space 2} 9.473675{col 40}{space 1}    0.53{col 49}{space 3}0.599{col 57}{space 4}-13.67528{col 70}{space 3} 23.64749
{txt}{space 10}1990  {c |}{col 17}{res}{space 2} .5282939{col 29}{space 2} 9.513784{col 40}{space 1}    0.06{col 49}{space 3}0.956{col 57}{space 4} -18.2121{col 70}{space 3} 19.26869
{txt}{space 10}1991  {c |}{col 17}{res}{space 2} .0927099{col 29}{space 2} 9.227503{col 40}{space 1}    0.01{col 49}{space 3}0.992{col 57}{space 4}-18.08376{col 70}{space 3} 18.26918
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 5.197281{col 29}{space 2} 9.856093{col 40}{space 1}    0.53{col 49}{space 3}0.598{col 57}{space 4} -14.2174{col 70}{space 3} 24.61196
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 5.192291{col 29}{space 2} 10.38024{col 40}{space 1}    0.50{col 49}{space 3}0.617{col 57}{space 4}-15.25486{col 70}{space 3} 25.63944
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}  3.94993{col 29}{space 2} 10.44133{col 40}{space 1}    0.38{col 49}{space 3}0.706{col 57}{space 4}-16.61756{col 70}{space 3} 24.51742
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 14.80398{col 29}{space 2} 10.19675{col 40}{space 1}    1.45{col 49}{space 3}0.148{col 57}{space 4}-5.281738{col 70}{space 3}  34.8897
{txt}{space 10}1996  {c |}{col 17}{res}{space 2}  3.91083{col 29}{space 2} 10.60943{col 40}{space 1}    0.37{col 49}{space 3}0.713{col 57}{space 4}-16.98778{col 70}{space 3} 24.80944
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 5.346898{col 29}{space 2} 10.84091{col 40}{space 1}    0.49{col 49}{space 3}0.622{col 57}{space 4}-16.00769{col 70}{space 3} 26.70149
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 1.986314{col 29}{space 2} 11.47488{col 40}{space 1}    0.17{col 49}{space 3}0.863{col 57}{space 4}-20.61707{col 70}{space 3}  24.5897
{txt}{space 10}1999  {c |}{col 17}{res}{space 2}-5.698112{col 29}{space 2} 11.60255{col 40}{space 1}   -0.49{col 49}{space 3}0.624{col 57}{space 4}-28.55299{col 70}{space 3} 17.15676
{txt}{space 10}2000  {c |}{col 17}{res}{space 2}-.0177042{col 29}{space 2} 11.86527{col 40}{space 1}   -0.00{col 49}{space 3}0.999{col 57}{space 4}-23.39008{col 70}{space 3} 23.35468
{txt}{space 10}2001  {c |}{col 17}{res}{space 2}-3.279072{col 29}{space 2} 11.78228{col 40}{space 1}   -0.28{col 49}{space 3}0.781{col 57}{space 4}-26.48799{col 70}{space 3} 19.92984
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}-2.198644{col 29}{space 2} 11.85352{col 40}{space 1}   -0.19{col 49}{space 3}0.853{col 57}{space 4} -25.5479{col 70}{space 3} 21.15061
{txt}{space 10}2003  {c |}{col 17}{res}{space 2}-1.344845{col 29}{space 2} 11.93549{col 40}{space 1}   -0.11{col 49}{space 3}0.910{col 57}{space 4}-24.85556{col 70}{space 3} 22.16587
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} -1.74964{col 29}{space 2} 12.80563{col 40}{space 1}   -0.14{col 49}{space 3}0.891{col 57}{space 4}-26.97437{col 70}{space 3} 23.47509
{txt}{space 10}2005  {c |}{col 17}{res}{space 2}-5.511471{col 29}{space 2} 13.14289{col 40}{space 1}   -0.42{col 49}{space 3}0.675{col 57}{space 4}-31.40053{col 70}{space 3} 20.37759
{txt}{space 10}2006  {c |}{col 17}{res}{space 2}-2.134411{col 29}{space 2} 13.03956{col 40}{space 1}   -0.16{col 49}{space 3}0.870{col 57}{space 4}-27.81994{col 70}{space 3} 23.55112
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} -3.84972{col 29}{space 2} 12.82279{col 40}{space 1}   -0.30{col 49}{space 3}0.764{col 57}{space 4}-29.10824{col 70}{space 3}  21.4088
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} .5549873{col 29}{space 2} 12.76856{col 40}{space 1}    0.04{col 49}{space 3}0.965{col 57}{space 4}-24.59671{col 70}{space 3} 25.70668
{txt}{space 10}2009  {c |}{col 17}{res}{space 2} .6364384{col 29}{space 2} 12.44701{col 40}{space 1}    0.05{col 49}{space 3}0.959{col 57}{space 4}-23.88186{col 70}{space 3} 25.15474
{txt}{space 10}2010  {c |}{col 17}{res}{space 2}-3.834435{col 29}{space 2}  12.9428{col 40}{space 1}   -0.30{col 49}{space 3}0.767{col 57}{space 4}-29.32935{col 70}{space 3} 21.66048
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-1.714794{col 29}{space 2} 5.818354{col 40}{space 1}   -0.29{col 49}{space 3}0.768{col 57}{space 4}-13.17587{col 70}{space 3} 9.746287
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. 
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. 
. 
. *** 1.B: NEW SOUTHERN STATES (N = 5): FULL TIME PERIOD *** ARDL (4,3)
. 
. //qui sureg (d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney i.state_fips i.year if newsouth==1) (d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann i.state_fips i.year if newsouth==1), corr
. 
. //estat ic
. 
. 
. newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney i.state_fips i.year if newsouth==1, lag(8) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       325
{txt}maximum lag: {res}8{col 49}{txt}F( 76,       248){col 67}= {res}    109.68
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}{col 29}  Newey-West
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.0452308{col 29}{space 2} .0258441{col 40}{space 1}   -1.75{col 49}{space 3}0.081{col 57}{space 4}-.0961326{col 70}{space 3}  .005671
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} -.780631{col 29}{space 2} .9021713{col 40}{space 1}   -0.87{col 49}{space 3}0.388{col 57}{space 4}-2.557526{col 70}{space 3} .9962635
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .1546148{col 29}{space 2}  .097109{col 40}{space 1}    1.59{col 49}{space 3}0.113{col 57}{space 4}-.0366488{col 70}{space 3} .3458783
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} .2991938{col 29}{space 2} 1.036872{col 40}{space 1}    0.29{col 49}{space 3}0.773{col 57}{space 4}-1.743004{col 70}{space 3} 2.341392
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}  .234834{col 29}{space 2} .0575728{col 40}{space 1}    4.08{col 49}{space 3}0.000{col 57}{space 4}   .12144{col 70}{space 3} .3482279
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} 1.024877{col 29}{space 2}  1.11965{col 40}{space 1}    0.92{col 49}{space 3}0.361{col 57}{space 4} -1.18036{col 70}{space 3} 3.230113
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}-.0139295{col 29}{space 2} .0845221{col 40}{space 1}   -0.16{col 49}{space 3}0.869{col 57}{space 4}-.1804021{col 70}{space 3}  .152543
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} 1.448015{col 29}{space 2} 1.281275{col 40}{space 1}    1.13{col 49}{space 3}0.260{col 57}{space 4}-1.075552{col 70}{space 3} 3.971583
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2}-63.18968{col 29}{space 2} 40.62463{col 40}{space 1}   -1.56{col 49}{space 3}0.121{col 57}{space 4} -143.203{col 70}{space 3} 16.82361
{txt}{space 12}37  {c |}{col 17}{res}{space 2}-62.44733{col 29}{space 2} 42.77326{col 40}{space 1}   -1.46{col 49}{space 3}0.146{col 57}{space 4}-146.6925{col 70}{space 3} 21.79785
{txt}{space 12}48  {c |}{col 17}{res}{space 2}-27.50781{col 29}{space 2} 34.85302{col 40}{space 1}   -0.79{col 49}{space 3}0.431{col 57}{space 4}-96.15346{col 70}{space 3} 41.13785
{txt}{space 12}51  {c |}{col 17}{res}{space 2}  59.3096{col 29}{space 2} 26.50141{col 40}{space 1}    2.24{col 49}{space 3}0.026{col 57}{space 4} 7.113076{col 70}{space 3} 111.5061
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1947  {c |}{col 17}{res}{space 2} 49.15412{col 29}{space 2}  167.452{col 40}{space 1}    0.29{col 49}{space 3}0.769{col 57}{space 4}-280.6553{col 70}{space 3} 378.9635
{txt}{space 10}1948  {c |}{col 17}{res}{space 2} 674.1414{col 29}{space 2} 114.9895{col 40}{space 1}    5.86{col 49}{space 3}0.000{col 57}{space 4} 447.6608{col 70}{space 3} 900.6219
{txt}{space 10}1949  {c |}{col 17}{res}{space 2} 635.2958{col 29}{space 2} 186.8801{col 40}{space 1}    3.40{col 49}{space 3}0.001{col 57}{space 4} 267.2213{col 70}{space 3}  1003.37
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}   807.77{col 29}{space 2}  133.657{col 40}{space 1}    6.04{col 49}{space 3}0.000{col 57}{space 4} 544.5223{col 70}{space 3} 1071.018
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} 538.8871{col 29}{space 2} 120.7958{col 40}{space 1}    4.46{col 49}{space 3}0.000{col 57}{space 4} 300.9706{col 70}{space 3} 776.8036
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}  549.505{col 29}{space 2} 128.4414{col 40}{space 1}    4.28{col 49}{space 3}0.000{col 57}{space 4} 296.5299{col 70}{space 3} 802.4801
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 586.3846{col 29}{space 2} 123.4908{col 40}{space 1}    4.75{col 49}{space 3}0.000{col 57}{space 4} 343.1602{col 70}{space 3}  829.609
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} 467.1919{col 29}{space 2} 117.8687{col 40}{space 1}    3.96{col 49}{space 3}0.000{col 57}{space 4} 235.0406{col 70}{space 3} 699.3433
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} 836.0267{col 29}{space 2} 118.9573{col 40}{space 1}    7.03{col 49}{space 3}0.000{col 57}{space 4} 601.7314{col 70}{space 3} 1070.322
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} 697.3913{col 29}{space 2} 122.9987{col 40}{space 1}    5.67{col 49}{space 3}0.000{col 57}{space 4}  455.136{col 70}{space 3} 939.6466
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 325.8794{col 29}{space 2} 132.9733{col 40}{space 1}    2.45{col 49}{space 3}0.015{col 57}{space 4} 63.97851{col 70}{space 3} 587.7803
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} 496.0221{col 29}{space 2} 121.4146{col 40}{space 1}    4.09{col 49}{space 3}0.000{col 57}{space 4} 256.8869{col 70}{space 3} 735.1573
{txt}{space 10}1959  {c |}{col 17}{res}{space 2} 799.1647{col 29}{space 2} 114.5062{col 40}{space 1}    6.98{col 49}{space 3}0.000{col 57}{space 4}  573.636{col 70}{space 3} 1024.693
{txt}{space 10}1960  {c |}{col 17}{res}{space 2} 526.6036{col 29}{space 2} 129.2127{col 40}{space 1}    4.08{col 49}{space 3}0.000{col 57}{space 4} 272.1094{col 70}{space 3} 781.0979
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} 593.3621{col 29}{space 2} 131.0078{col 40}{space 1}    4.53{col 49}{space 3}0.000{col 57}{space 4} 335.3322{col 70}{space 3} 851.3919
{txt}{space 10}1962  {c |}{col 17}{res}{space 2} 750.4727{col 29}{space 2} 115.8726{col 40}{space 1}    6.48{col 49}{space 3}0.000{col 57}{space 4} 522.2528{col 70}{space 3} 978.6926
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 711.3331{col 29}{space 2} 132.3152{col 40}{space 1}    5.38{col 49}{space 3}0.000{col 57}{space 4} 450.7284{col 70}{space 3} 971.9379
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 860.4896{col 29}{space 2} 126.5413{col 40}{space 1}    6.80{col 49}{space 3}0.000{col 57}{space 4} 611.2569{col 70}{space 3} 1109.722
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}  844.526{col 29}{space 2} 129.3297{col 40}{space 1}    6.53{col 49}{space 3}0.000{col 57}{space 4} 589.8014{col 70}{space 3} 1099.251
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} 842.7905{col 29}{space 2} 142.9076{col 40}{space 1}    5.90{col 49}{space 3}0.000{col 57}{space 4} 561.3232{col 70}{space 3} 1124.258
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 878.8761{col 29}{space 2} 133.7493{col 40}{space 1}    6.57{col 49}{space 3}0.000{col 57}{space 4} 615.4468{col 70}{space 3} 1142.305
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 926.4697{col 29}{space 2} 141.6086{col 40}{space 1}    6.54{col 49}{space 3}0.000{col 57}{space 4} 647.5608{col 70}{space 3} 1205.379
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 920.6468{col 29}{space 2} 156.4562{col 40}{space 1}    5.88{col 49}{space 3}0.000{col 57}{space 4} 612.4945{col 70}{space 3} 1228.799
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 691.6866{col 29}{space 2} 164.5301{col 40}{space 1}    4.20{col 49}{space 3}0.000{col 57}{space 4} 367.6321{col 70}{space 3} 1015.741
{txt}{space 10}1971  {c |}{col 17}{res}{space 2} 843.0201{col 29}{space 2} 159.3493{col 40}{space 1}    5.29{col 49}{space 3}0.000{col 57}{space 4} 529.1696{col 70}{space 3} 1156.871
{txt}{space 10}1972  {c |}{col 17}{res}{space 2}  1254.55{col 29}{space 2}  165.126{col 40}{space 1}    7.60{col 49}{space 3}0.000{col 57}{space 4} 929.3221{col 70}{space 3} 1579.779
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 1089.487{col 29}{space 2} 189.4021{col 40}{space 1}    5.75{col 49}{space 3}0.000{col 57}{space 4} 716.4458{col 70}{space 3} 1462.529
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 359.6695{col 29}{space 2} 203.9635{col 40}{space 1}    1.76{col 49}{space 3}0.079{col 57}{space 4}-42.05202{col 70}{space 3} 761.3911
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} 531.7475{col 29}{space 2} 206.3729{col 40}{space 1}    2.58{col 49}{space 3}0.011{col 57}{space 4} 125.2804{col 70}{space 3} 938.2147
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} 1231.553{col 29}{space 2} 183.3575{col 40}{space 1}    6.72{col 49}{space 3}0.000{col 57}{space 4} 870.4166{col 70}{space 3}  1592.69
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} 1037.245{col 29}{space 2} 217.4313{col 40}{space 1}    4.77{col 49}{space 3}0.000{col 57}{space 4} 608.9974{col 70}{space 3} 1465.492
{txt}{space 10}1978  {c |}{col 17}{res}{space 2} 1110.677{col 29}{space 2} 230.7435{col 40}{space 1}    4.81{col 49}{space 3}0.000{col 57}{space 4} 656.2107{col 70}{space 3} 1565.144
{txt}{space 10}1979  {c |}{col 17}{res}{space 2} 650.4844{col 29}{space 2} 209.2652{col 40}{space 1}    3.11{col 49}{space 3}0.002{col 57}{space 4} 238.3208{col 70}{space 3} 1062.648
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 518.4567{col 29}{space 2} 222.1192{col 40}{space 1}    2.33{col 49}{space 3}0.020{col 57}{space 4} 80.97613{col 70}{space 3} 955.9373
{txt}{space 10}1981  {c |}{col 17}{res}{space 2} 1016.321{col 29}{space 2} 234.0949{col 40}{space 1}    4.34{col 49}{space 3}0.000{col 57}{space 4} 555.2533{col 70}{space 3} 1477.389
{txt}{space 10}1982  {c |}{col 17}{res}{space 2} 829.6268{col 29}{space 2}  227.546{col 40}{space 1}    3.65{col 49}{space 3}0.000{col 57}{space 4} 381.4577{col 70}{space 3} 1277.796
{txt}{space 10}1983  {c |}{col 17}{res}{space 2} 1162.281{col 29}{space 2} 224.6968{col 40}{space 1}    5.17{col 49}{space 3}0.000{col 57}{space 4} 719.7241{col 70}{space 3} 1604.839
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 1422.868{col 29}{space 2} 222.9622{col 40}{space 1}    6.38{col 49}{space 3}0.000{col 57}{space 4} 983.7266{col 70}{space 3} 1862.009
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 1045.964{col 29}{space 2} 246.2976{col 40}{space 1}    4.25{col 49}{space 3}0.000{col 57}{space 4} 560.8626{col 70}{space 3} 1531.066
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} 1040.356{col 29}{space 2} 227.8924{col 40}{space 1}    4.57{col 49}{space 3}0.000{col 57}{space 4} 591.5044{col 70}{space 3} 1489.207
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 921.2033{col 29}{space 2}  227.468{col 40}{space 1}    4.05{col 49}{space 3}0.000{col 57}{space 4} 473.1878{col 70}{space 3} 1369.219
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} 1159.077{col 29}{space 2} 252.9562{col 40}{space 1}    4.58{col 49}{space 3}0.000{col 57}{space 4} 660.8606{col 70}{space 3} 1657.293
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 1088.446{col 29}{space 2} 266.4708{col 40}{space 1}    4.08{col 49}{space 3}0.000{col 57}{space 4} 563.6115{col 70}{space 3}  1613.28
{txt}{space 10}1990  {c |}{col 17}{res}{space 2} 722.5585{col 29}{space 2} 302.1554{col 40}{space 1}    2.39{col 49}{space 3}0.018{col 57}{space 4} 127.4406{col 70}{space 3} 1317.676
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}  687.803{col 29}{space 2} 280.3506{col 40}{space 1}    2.45{col 49}{space 3}0.015{col 57}{space 4} 135.6313{col 70}{space 3} 1239.975
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 1264.076{col 29}{space 2} 282.8403{col 40}{space 1}    4.47{col 49}{space 3}0.000{col 57}{space 4} 707.0004{col 70}{space 3} 1821.151
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 1048.109{col 29}{space 2} 294.8703{col 40}{space 1}    3.55{col 49}{space 3}0.000{col 57}{space 4}   467.34{col 70}{space 3} 1628.879
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}   1092.8{col 29}{space 2} 312.2383{col 40}{space 1}    3.50{col 49}{space 3}0.001{col 57}{space 4} 477.8234{col 70}{space 3} 1707.778
{txt}{space 10}1995  {c |}{col 17}{res}{space 2}  1145.45{col 29}{space 2} 288.9039{col 40}{space 1}    3.96{col 49}{space 3}0.000{col 57}{space 4} 576.4316{col 70}{space 3} 1714.468
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 1183.097{col 29}{space 2}   303.97{col 40}{space 1}    3.89{col 49}{space 3}0.000{col 57}{space 4} 584.4056{col 70}{space 3} 1781.789
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 1281.323{col 29}{space 2} 312.3664{col 40}{space 1}    4.10{col 49}{space 3}0.000{col 57}{space 4} 666.0933{col 70}{space 3} 1896.552
{txt}{space 10}1998  {c |}{col 17}{res}{space 2}  1560.74{col 29}{space 2} 312.1393{col 40}{space 1}    5.00{col 49}{space 3}0.000{col 57}{space 4} 945.9582{col 70}{space 3} 2175.522
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 1171.224{col 29}{space 2} 316.9183{col 40}{space 1}    3.70{col 49}{space 3}0.000{col 57}{space 4} 547.0295{col 70}{space 3} 1795.419
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 1408.568{col 29}{space 2} 329.8447{col 40}{space 1}    4.27{col 49}{space 3}0.000{col 57}{space 4} 758.9136{col 70}{space 3} 2058.222
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 969.7245{col 29}{space 2} 304.0931{col 40}{space 1}    3.19{col 49}{space 3}0.002{col 57}{space 4} 370.7901{col 70}{space 3} 1568.659
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}  833.801{col 29}{space 2} 352.7013{col 40}{space 1}    2.36{col 49}{space 3}0.019{col 57}{space 4}  139.129{col 70}{space 3} 1528.473
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 1145.436{col 29}{space 2} 321.1085{col 40}{space 1}    3.57{col 49}{space 3}0.000{col 57}{space 4} 512.9882{col 70}{space 3} 1777.883
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 1538.705{col 29}{space 2} 363.5166{col 40}{space 1}    4.23{col 49}{space 3}0.000{col 57}{space 4} 822.7316{col 70}{space 3} 2254.679
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 1406.468{col 29}{space 2} 386.0298{col 40}{space 1}    3.64{col 49}{space 3}0.000{col 57}{space 4} 646.1527{col 70}{space 3} 2166.783
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 1367.744{col 29}{space 2} 364.9252{col 40}{space 1}    3.75{col 49}{space 3}0.000{col 57}{space 4} 648.9966{col 70}{space 3} 2086.492
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 1246.676{col 29}{space 2} 351.7546{col 40}{space 1}    3.54{col 49}{space 3}0.000{col 57}{space 4}  553.869{col 70}{space 3} 1939.483
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 909.9408{col 29}{space 2} 440.3336{col 40}{space 1}    2.07{col 49}{space 3}0.040{col 57}{space 4} 42.67042{col 70}{space 3} 1777.211
{txt}{space 10}2009  {c |}{col 17}{res}{space 2} 179.1449{col 29}{space 2} 361.6519{col 40}{space 1}    0.50{col 49}{space 3}0.621{col 57}{space 4}-533.1559{col 70}{space 3} 891.4457
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} 1424.008{col 29}{space 2} 389.8275{col 40}{space 1}    3.65{col 49}{space 3}0.000{col 57}{space 4} 656.2133{col 70}{space 3} 2191.803
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} -238.024{col 29}{space 2}  159.226{col 40}{space 1}   -1.49{col 49}{space 3}0.136{col 57}{space 4}-551.6317{col 70}{space 3} 75.58373
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. newey d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann i.state_fips i.year if newsouth==1, lag(8) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       325
{txt}maximum lag: {res}8{col 49}{txt}F( 76,       248){col 67}= {res}      4.91
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}  Newey-West
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1343289{col 29}{space 2} .0370242{col 40}{space 1}   -3.63{col 49}{space 3}0.000{col 57}{space 4}-.2072509{col 70}{space 3} -.061407
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0008497{col 29}{space 2} .0007096{col 40}{space 1}    1.20{col 49}{space 3}0.232{col 57}{space 4}-.0005478{col 70}{space 3} .0022473
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-.0425971{col 29}{space 2} .0505517{col 40}{space 1}   -0.84{col 49}{space 3}0.400{col 57}{space 4}-.1421625{col 70}{space 3} .0569683
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} .0007321{col 29}{space 2} .0022582{col 40}{space 1}    0.32{col 49}{space 3}0.746{col 57}{space 4}-.0037157{col 70}{space 3} .0051798
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.1543993{col 29}{space 2} .0748028{col 40}{space 1}   -2.06{col 49}{space 3}0.040{col 57}{space 4}-.3017291{col 70}{space 3}-.0070694
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0035055{col 29}{space 2} .0024439{col 40}{space 1}    1.43{col 49}{space 3}0.153{col 57}{space 4} -.001308{col 70}{space 3}  .008319
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}-.0689584{col 29}{space 2}  .056879{col 40}{space 1}   -1.21{col 49}{space 3}0.227{col 57}{space 4}-.1809858{col 70}{space 3} .0430691
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0026171{col 29}{space 2} .0023635{col 40}{space 1}   -1.11{col 49}{space 3}0.269{col 57}{space 4}-.0072722{col 70}{space 3}  .002038
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2}-.8861469{col 29}{space 2} 1.953201{col 40}{space 1}   -0.45{col 49}{space 3}0.650{col 57}{space 4}-4.733124{col 70}{space 3}  2.96083
{txt}{space 12}37  {c |}{col 17}{res}{space 2}  .277851{col 29}{space 2} 1.854758{col 40}{space 1}    0.15{col 49}{space 3}0.881{col 57}{space 4}-3.375235{col 70}{space 3} 3.930937
{txt}{space 12}48  {c |}{col 17}{res}{space 2}-.9424076{col 29}{space 2} 1.665697{col 40}{space 1}   -0.57{col 49}{space 3}0.572{col 57}{space 4}-4.223123{col 70}{space 3} 2.338308
{txt}{space 12}51  {c |}{col 17}{res}{space 2}-.3540043{col 29}{space 2} 1.230207{col 40}{space 1}   -0.29{col 49}{space 3}0.774{col 57}{space 4} -2.77699{col 70}{space 3} 2.068981
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1947  {c |}{col 17}{res}{space 2} .5678385{col 29}{space 2} 1.746561{col 40}{space 1}    0.33{col 49}{space 3}0.745{col 57}{space 4}-2.872145{col 70}{space 3} 4.007822
{txt}{space 10}1948  {c |}{col 17}{res}{space 2}-.5700213{col 29}{space 2} 2.737062{col 40}{space 1}   -0.21{col 49}{space 3}0.835{col 57}{space 4}-5.960871{col 70}{space 3} 4.820829
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-2.633462{col 29}{space 2} 2.435825{col 40}{space 1}   -1.08{col 49}{space 3}0.281{col 57}{space 4}-7.431004{col 70}{space 3}  2.16408
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}-1.639729{col 29}{space 2} 2.164031{col 40}{space 1}   -0.76{col 49}{space 3}0.449{col 57}{space 4}-5.901952{col 70}{space 3} 2.622494
{txt}{space 10}1951  {c |}{col 17}{res}{space 2}-2.552354{col 29}{space 2} 1.966707{col 40}{space 1}   -1.30{col 49}{space 3}0.196{col 57}{space 4}-6.425933{col 70}{space 3} 1.321225
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}-.5023634{col 29}{space 2} 1.544417{col 40}{space 1}   -0.33{col 49}{space 3}0.745{col 57}{space 4} -3.54421{col 70}{space 3} 2.539483
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} .2593351{col 29}{space 2} 1.932094{col 40}{space 1}    0.13{col 49}{space 3}0.893{col 57}{space 4} -3.54607{col 70}{space 3}  4.06474
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} -1.17495{col 29}{space 2} 1.400677{col 40}{space 1}   -0.84{col 49}{space 3}0.402{col 57}{space 4}-3.933689{col 70}{space 3} 1.583789
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}-1.571615{col 29}{space 2} 2.386671{col 40}{space 1}   -0.66{col 49}{space 3}0.511{col 57}{space 4}-6.272344{col 70}{space 3} 3.129114
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-2.955775{col 29}{space 2} 2.058221{col 40}{space 1}   -1.44{col 49}{space 3}0.152{col 57}{space 4}-7.009596{col 70}{space 3} 1.098046
{txt}{space 10}1957  {c |}{col 17}{res}{space 2}-.4685547{col 29}{space 2} 1.739529{col 40}{space 1}   -0.27{col 49}{space 3}0.788{col 57}{space 4} -3.89469{col 70}{space 3}  2.95758
{txt}{space 10}1958  {c |}{col 17}{res}{space 2}-.6953641{col 29}{space 2} 1.636373{col 40}{space 1}   -0.42{col 49}{space 3}0.671{col 57}{space 4}-3.918324{col 70}{space 3} 2.527596
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-4.571467{col 29}{space 2}  3.23173{col 40}{space 1}   -1.41{col 49}{space 3}0.158{col 57}{space 4} -10.9366{col 70}{space 3} 1.793669
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-3.292927{col 29}{space 2} 1.956056{col 40}{space 1}   -1.68{col 49}{space 3}0.094{col 57}{space 4}-7.145527{col 70}{space 3} .5596731
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} .6928864{col 29}{space 2}  2.50107{col 40}{space 1}    0.28{col 49}{space 3}0.782{col 57}{space 4} -4.23316{col 70}{space 3} 5.618933
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}-2.863906{col 29}{space 2} 2.315804{col 40}{space 1}   -1.24{col 49}{space 3}0.217{col 57}{space 4}-7.425057{col 70}{space 3} 1.697245
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} .8973559{col 29}{space 2} 2.360921{col 40}{space 1}    0.38{col 49}{space 3}0.704{col 57}{space 4}-3.752656{col 70}{space 3} 5.547368
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} .4164488{col 29}{space 2} 2.626083{col 40}{space 1}    0.16{col 49}{space 3}0.874{col 57}{space 4} -4.75582{col 70}{space 3} 5.588717
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}-2.131486{col 29}{space 2} 4.722861{col 40}{space 1}   -0.45{col 49}{space 3}0.652{col 57}{space 4}-11.43352{col 70}{space 3} 7.170546
{txt}{space 10}1966  {c |}{col 17}{res}{space 2}  .112847{col 29}{space 2} 3.312493{col 40}{space 1}    0.03{col 49}{space 3}0.973{col 57}{space 4}-6.411358{col 70}{space 3} 6.637052
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 13.58428{col 29}{space 2}  11.5455{col 40}{space 1}    1.18{col 49}{space 3}0.240{col 57}{space 4}-9.155468{col 70}{space 3} 36.32402
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 3.201717{col 29}{space 2} 3.213111{col 40}{space 1}    1.00{col 49}{space 3}0.320{col 57}{space 4}-3.126749{col 70}{space 3} 9.530183
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 2.689611{col 29}{space 2}  4.82464{col 40}{space 1}    0.56{col 49}{space 3}0.578{col 57}{space 4}-6.812882{col 70}{space 3}  12.1921
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 3.410245{col 29}{space 2} 4.528541{col 40}{space 1}    0.75{col 49}{space 3}0.452{col 57}{space 4}-5.509059{col 70}{space 3} 12.32955
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}-3.880447{col 29}{space 2} 4.413991{col 40}{space 1}   -0.88{col 49}{space 3}0.380{col 57}{space 4}-12.57414{col 70}{space 3} 4.813242
{txt}{space 10}1972  {c |}{col 17}{res}{space 2}-1.699224{col 29}{space 2} 4.529196{col 40}{space 1}   -0.38{col 49}{space 3}0.708{col 57}{space 4}-10.61982{col 70}{space 3} 7.221369
{txt}{space 10}1973  {c |}{col 17}{res}{space 2}  6.93852{col 29}{space 2} 5.210891{col 40}{space 1}    1.33{col 49}{space 3}0.184{col 57}{space 4}-3.324723{col 70}{space 3} 17.20176
{txt}{space 10}1974  {c |}{col 17}{res}{space 2}  .241165{col 29}{space 2} 4.122817{col 40}{space 1}    0.06{col 49}{space 3}0.953{col 57}{space 4}-7.879034{col 70}{space 3} 8.361364
{txt}{space 10}1975  {c |}{col 17}{res}{space 2}-11.53935{col 29}{space 2}  8.68751{col 40}{space 1}   -1.33{col 49}{space 3}0.185{col 57}{space 4}-28.65006{col 70}{space 3} 5.571357
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-4.461358{col 29}{space 2} 6.142703{col 40}{space 1}   -0.73{col 49}{space 3}0.468{col 57}{space 4}-16.55988{col 70}{space 3} 7.637159
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}-8.789187{col 29}{space 2} 5.514775{col 40}{space 1}   -1.59{col 49}{space 3}0.112{col 57}{space 4}-19.65095{col 70}{space 3}  2.07258
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}-4.303462{col 29}{space 2} 5.078514{col 40}{space 1}   -0.85{col 49}{space 3}0.398{col 57}{space 4}-14.30598{col 70}{space 3} 5.699056
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}-1.184229{col 29}{space 2} 5.381218{col 40}{space 1}   -0.22{col 49}{space 3}0.826{col 57}{space 4}-11.78294{col 70}{space 3} 9.414486
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 1.467494{col 29}{space 2} 5.025994{col 40}{space 1}    0.29{col 49}{space 3}0.771{col 57}{space 4}-8.431581{col 70}{space 3} 11.36657
{txt}{space 10}1981  {c |}{col 17}{res}{space 2} 7.688407{col 29}{space 2} 6.832716{col 40}{space 1}    1.13{col 49}{space 3}0.262{col 57}{space 4}-5.769144{col 70}{space 3} 21.14596
{txt}{space 10}1982  {c |}{col 17}{res}{space 2} .4208368{col 29}{space 2} 5.951376{col 40}{space 1}    0.07{col 49}{space 3}0.944{col 57}{space 4}-11.30085{col 70}{space 3} 12.14252
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-6.474287{col 29}{space 2} 5.361413{col 40}{space 1}   -1.21{col 49}{space 3}0.228{col 57}{space 4}-17.03399{col 70}{space 3} 4.085421
{txt}{space 10}1984  {c |}{col 17}{res}{space 2}-3.592384{col 29}{space 2} 6.007634{col 40}{space 1}   -0.60{col 49}{space 3}0.550{col 57}{space 4}-15.42487{col 70}{space 3} 8.240107
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 5.085393{col 29}{space 2} 7.818885{col 40}{space 1}    0.65{col 49}{space 3}0.516{col 57}{space 4}-10.31449{col 70}{space 3} 20.48528
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}-1.371615{col 29}{space 2} 5.983963{col 40}{space 1}   -0.23{col 49}{space 3}0.819{col 57}{space 4}-13.15748{col 70}{space 3} 10.41425
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 2.520476{col 29}{space 2} 7.127784{col 40}{space 1}    0.35{col 49}{space 3}0.724{col 57}{space 4}-11.51823{col 70}{space 3} 16.55919
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}-.3831839{col 29}{space 2} 6.633238{col 40}{space 1}   -0.06{col 49}{space 3}0.954{col 57}{space 4}-13.44785{col 70}{space 3} 12.68148
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 4.821379{col 29}{space 2} 7.588799{col 40}{space 1}    0.64{col 49}{space 3}0.526{col 57}{space 4}-10.12533{col 70}{space 3} 19.76809
{txt}{space 10}1990  {c |}{col 17}{res}{space 2} .3440568{col 29}{space 2} 6.798116{col 40}{space 1}    0.05{col 49}{space 3}0.960{col 57}{space 4}-13.04535{col 70}{space 3} 13.73346
{txt}{space 10}1991  {c |}{col 17}{res}{space 2} .1410683{col 29}{space 2} 7.019245{col 40}{space 1}    0.02{col 49}{space 3}0.984{col 57}{space 4}-13.68387{col 70}{space 3}   13.966
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 5.077455{col 29}{space 2} 8.143013{col 40}{space 1}    0.62{col 49}{space 3}0.534{col 57}{space 4}-10.96083{col 70}{space 3} 21.11574
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 4.592168{col 29}{space 2} 8.428656{col 40}{space 1}    0.54{col 49}{space 3}0.586{col 57}{space 4}-12.00871{col 70}{space 3} 21.19304
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}   3.2625{col 29}{space 2} 7.486917{col 40}{space 1}    0.44{col 49}{space 3}0.663{col 57}{space 4}-11.48355{col 70}{space 3} 18.00855
{txt}{space 10}1995  {c |}{col 17}{res}{space 2}  14.6479{col 29}{space 2} 9.587371{col 40}{space 1}    1.53{col 49}{space 3}0.128{col 57}{space 4}-4.235148{col 70}{space 3} 33.53096
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 3.457645{col 29}{space 2} 8.201555{col 40}{space 1}    0.42{col 49}{space 3}0.674{col 57}{space 4}-12.69594{col 70}{space 3} 19.61123
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 4.973861{col 29}{space 2} 9.603855{col 40}{space 1}    0.52{col 49}{space 3}0.605{col 57}{space 4}-13.94166{col 70}{space 3} 23.88938
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 1.621056{col 29}{space 2} 8.753555{col 40}{space 1}    0.19{col 49}{space 3}0.853{col 57}{space 4}-15.61973{col 70}{space 3} 18.86185
{txt}{space 10}1999  {c |}{col 17}{res}{space 2}-6.074618{col 29}{space 2}  10.7725{col 40}{space 1}   -0.56{col 49}{space 3}0.573{col 57}{space 4}-27.29187{col 70}{space 3} 15.14263
{txt}{space 10}2000  {c |}{col 17}{res}{space 2}-.1483654{col 29}{space 2} 9.033426{col 40}{space 1}   -0.02{col 49}{space 3}0.987{col 57}{space 4}-17.94038{col 70}{space 3} 17.64365
{txt}{space 10}2001  {c |}{col 17}{res}{space 2}-3.011623{col 29}{space 2} 9.733568{col 40}{space 1}   -0.31{col 49}{space 3}0.757{col 57}{space 4}-22.18262{col 70}{space 3} 16.15938
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}-2.237348{col 29}{space 2} 9.084911{col 40}{space 1}   -0.25{col 49}{space 3}0.806{col 57}{space 4}-20.13077{col 70}{space 3} 15.65607
{txt}{space 10}2003  {c |}{col 17}{res}{space 2}-1.090375{col 29}{space 2} 10.99032{col 40}{space 1}   -0.10{col 49}{space 3}0.921{col 57}{space 4}-22.73664{col 70}{space 3} 20.55589
{txt}{space 10}2004  {c |}{col 17}{res}{space 2}-2.261799{col 29}{space 2} 9.876393{col 40}{space 1}   -0.23{col 49}{space 3}0.819{col 57}{space 4} -21.7141{col 70}{space 3}  17.1905
{txt}{space 10}2005  {c |}{col 17}{res}{space 2}-6.238438{col 29}{space 2} 10.31768{col 40}{space 1}   -0.60{col 49}{space 3}0.546{col 57}{space 4}-26.55989{col 70}{space 3} 14.08301
{txt}{space 10}2006  {c |}{col 17}{res}{space 2}-2.661875{col 29}{space 2}  9.90937{col 40}{space 1}   -0.27{col 49}{space 3}0.788{col 57}{space 4}-22.17913{col 70}{space 3} 16.85538
{txt}{space 10}2007  {c |}{col 17}{res}{space 2}-3.935728{col 29}{space 2} 9.733108{col 40}{space 1}   -0.40{col 49}{space 3}0.686{col 57}{space 4}-23.10582{col 70}{space 3} 15.23436
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} .5018704{col 29}{space 2}  9.69655{col 40}{space 1}    0.05{col 49}{space 3}0.959{col 57}{space 4}-18.59622{col 70}{space 3} 19.59996
{txt}{space 10}2009  {c |}{col 17}{res}{space 2} .8841043{col 29}{space 2}  10.0613{col 40}{space 1}    0.09{col 49}{space 3}0.930{col 57}{space 4}-18.93238{col 70}{space 3} 20.70059
{txt}{space 10}2010  {c |}{col 17}{res}{space 2}-3.965493{col 29}{space 2}  10.4937{col 40}{space 1}   -0.38{col 49}{space 3}0.706{col 57}{space 4}-24.63363{col 70}{space 3} 16.70265
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-1.904331{col 29}{space 2}  4.47541{col 40}{space 1}   -0.43{col 49}{space 3}0.671{col 57}{space 4}-10.71899{col 70}{space 3} 6.910328
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. 
. 
. *** 1.C: NEW SOUTHERN STATES (N = 5): FULL TIME PERIOD *** ARDL (1,1)
. 
. //qui sureg (d.real_pc_inc_ann l.real_pc_inc_ann l.klarnerranney d.klarnerranney i.state_fips i.year if newsouth==1) (d.klarnerranney l.klarnerranney l.real_pc_inc_ann d.real_pc_inc_ann i.state_fips i.year if newsouth==1), corr
. 
. //estat ic
. 
. newey d.real_pc_inc_ann l.real_pc_inc_ann l.klarnerranney d.klarnerranney i.state_fips i.year if newsouth==1, lag(8) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       340
{txt}maximum lag: {res}8{col 49}{txt}F( 74,       265){col 67}= {res}     82.27
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}{col 29}  Newey-West
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.0112532{col 29}{space 2} .0216875{col 40}{space 1}   -0.52{col 49}{space 3}0.604{col 57}{space 4} -.053955{col 70}{space 3} .0314485
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.6476652{col 29}{space 2} 1.148211{col 40}{space 1}   -0.56{col 49}{space 3}0.573{col 57}{space 4}-2.908443{col 70}{space 3} 1.613112
{txt}{space 12}D1. {c |}{col 17}{res}{space 2}-.1029417{col 29}{space 2} 1.066887{col 40}{space 1}   -0.10{col 49}{space 3}0.923{col 57}{space 4}-2.203596{col 70}{space 3} 1.997713
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2}-26.21819{col 29}{space 2} 39.27829{col 40}{space 1}   -0.67{col 49}{space 3}0.505{col 57}{space 4}-103.5554{col 70}{space 3} 51.11904
{txt}{space 12}37  {c |}{col 17}{res}{space 2}-21.93299{col 29}{space 2} 39.15019{col 40}{space 1}   -0.56{col 49}{space 3}0.576{col 57}{space 4}  -99.018{col 70}{space 3} 55.15202
{txt}{space 12}48  {c |}{col 17}{res}{space 2}-9.955611{col 29}{space 2} 39.65484{col 40}{space 1}   -0.25{col 49}{space 3}0.802{col 57}{space 4}-88.03425{col 70}{space 3} 68.12303
{txt}{space 12}51  {c |}{col 17}{res}{space 2} 44.71498{col 29}{space 2} 28.88265{col 40}{space 1}    1.55{col 49}{space 3}0.123{col 57}{space 4} -12.1537{col 70}{space 3} 101.5837
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1944  {c |}{col 17}{res}{space 2}-243.4887{col 29}{space 2} 141.9796{col 40}{space 1}   -1.71{col 49}{space 3}0.088{col 57}{space 4}-523.0402{col 70}{space 3} 36.06285
{txt}{space 10}1945  {c |}{col 17}{res}{space 2}-522.8228{col 29}{space 2}  203.836{col 40}{space 1}   -2.56{col 49}{space 3}0.011{col 57}{space 4}-924.1669{col 70}{space 3}-121.4788
{txt}{space 10}1946  {c |}{col 17}{res}{space 2}-1051.151{col 29}{space 2} 251.2266{col 40}{space 1}   -4.18{col 49}{space 3}0.000{col 57}{space 4}-1545.805{col 70}{space 3}-556.4965
{txt}{space 10}1947  {c |}{col 17}{res}{space 2}-1135.433{col 29}{space 2} 199.5417{col 40}{space 1}   -5.69{col 49}{space 3}0.000{col 57}{space 4}-1528.322{col 70}{space 3}-742.5438
{txt}{space 10}1948  {c |}{col 17}{res}{space 2}-628.6379{col 29}{space 2}  230.668{col 40}{space 1}   -2.73{col 49}{space 3}0.007{col 57}{space 4}-1082.813{col 70}{space 3}-174.4628
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-601.8505{col 29}{space 2} 191.3323{col 40}{space 1}   -3.15{col 49}{space 3}0.002{col 57}{space 4}-978.5753{col 70}{space 3}-225.1256
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}-305.4525{col 29}{space 2} 199.7685{col 40}{space 1}   -1.53{col 49}{space 3}0.127{col 57}{space 4}-698.7879{col 70}{space 3}  87.8829
{txt}{space 10}1951  {c |}{col 17}{res}{space 2}-541.2483{col 29}{space 2} 199.7867{col 40}{space 1}   -2.71{col 49}{space 3}0.007{col 57}{space 4}-934.6196{col 70}{space 3} -147.877
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}-502.2147{col 29}{space 2} 190.1731{col 40}{space 1}   -2.64{col 49}{space 3}0.009{col 57}{space 4}-876.6572{col 70}{space 3}-127.7722
{txt}{space 10}1953  {c |}{col 17}{res}{space 2}-524.0065{col 29}{space 2} 194.8116{col 40}{space 1}   -2.69{col 49}{space 3}0.008{col 57}{space 4} -907.582{col 70}{space 3}-140.4309
{txt}{space 10}1954  {c |}{col 17}{res}{space 2}-638.0709{col 29}{space 2} 191.9298{col 40}{space 1}   -3.32{col 49}{space 3}0.001{col 57}{space 4}-1015.972{col 70}{space 3}-260.1696
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}-294.2049{col 29}{space 2} 193.2033{col 40}{space 1}   -1.52{col 49}{space 3}0.129{col 57}{space 4}-674.6138{col 70}{space 3} 86.20402
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-422.3024{col 29}{space 2} 191.7432{col 40}{space 1}   -2.20{col 49}{space 3}0.028{col 57}{space 4}-799.8363{col 70}{space 3}-44.76855
{txt}{space 10}1957  {c |}{col 17}{res}{space 2}-739.4246{col 29}{space 2} 193.4464{col 40}{space 1}   -3.82{col 49}{space 3}0.000{col 57}{space 4}-1120.312{col 70}{space 3} -358.537
{txt}{space 10}1958  {c |}{col 17}{res}{space 2}-649.8329{col 29}{space 2} 194.4263{col 40}{space 1}   -3.34{col 49}{space 3}0.001{col 57}{space 4} -1032.65{col 70}{space 3}-267.0159
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-406.6213{col 29}{space 2} 190.1321{col 40}{space 1}   -2.14{col 49}{space 3}0.033{col 57}{space 4} -780.983{col 70}{space 3}-32.25956
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-627.5509{col 29}{space 2} 190.3158{col 40}{space 1}   -3.30{col 49}{space 3}0.001{col 57}{space 4}-1002.274{col 70}{space 3}-252.8274
{txt}{space 10}1961  {c |}{col 17}{res}{space 2}-540.0402{col 29}{space 2} 190.6488{col 40}{space 1}   -2.83{col 49}{space 3}0.005{col 57}{space 4}-915.4192{col 70}{space 3}-164.6611
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}-423.5609{col 29}{space 2} 191.4537{col 40}{space 1}   -2.21{col 49}{space 3}0.028{col 57}{space 4}-800.5249{col 70}{space 3}-46.59685
{txt}{space 10}1963  {c |}{col 17}{res}{space 2}-426.4468{col 29}{space 2} 190.4239{col 40}{space 1}   -2.24{col 49}{space 3}0.026{col 57}{space 4}-801.3832{col 70}{space 3}-51.51034
{txt}{space 10}1964  {c |}{col 17}{res}{space 2}-261.7055{col 29}{space 2} 190.4816{col 40}{space 1}   -1.37{col 49}{space 3}0.171{col 57}{space 4}-636.7555{col 70}{space 3} 113.3445
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}-265.3983{col 29}{space 2} 191.9373{col 40}{space 1}   -1.38{col 49}{space 3}0.168{col 57}{space 4}-643.3144{col 70}{space 3} 112.5178
{txt}{space 10}1966  {c |}{col 17}{res}{space 2}-246.0932{col 29}{space 2} 195.6884{col 40}{space 1}   -1.26{col 49}{space 3}0.210{col 57}{space 4}-631.3951{col 70}{space 3} 139.2087
{txt}{space 10}1967  {c |}{col 17}{res}{space 2}  -221.06{col 29}{space 2} 194.1888{col 40}{space 1}   -1.14{col 49}{space 3}0.256{col 57}{space 4}-603.4092{col 70}{space 3} 161.2892
{txt}{space 10}1968  {c |}{col 17}{res}{space 2}-170.8072{col 29}{space 2} 199.5819{col 40}{space 1}   -0.86{col 49}{space 3}0.393{col 57}{space 4}-563.7752{col 70}{space 3} 222.1608
{txt}{space 10}1969  {c |}{col 17}{res}{space 2}  -176.27{col 29}{space 2} 208.1322{col 40}{space 1}   -0.85{col 49}{space 3}0.398{col 57}{space 4}-586.0732{col 70}{space 3} 233.5332
{txt}{space 10}1970  {c |}{col 17}{res}{space 2}-433.6392{col 29}{space 2} 208.0553{col 40}{space 1}   -2.08{col 49}{space 3}0.038{col 57}{space 4} -843.291{col 70}{space 3}-23.98731
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}-336.5616{col 29}{space 2} 207.6457{col 40}{space 1}   -1.62{col 49}{space 3}0.106{col 57}{space 4}-745.4068{col 70}{space 3} 72.28362
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 16.80535{col 29}{space 2}  209.176{col 40}{space 1}    0.08{col 49}{space 3}0.936{col 57}{space 4}-395.0531{col 70}{space 3} 428.6638
{txt}{space 10}1973  {c |}{col 17}{res}{space 2}-90.05733{col 29}{space 2} 213.2526{col 40}{space 1}   -0.42{col 49}{space 3}0.673{col 57}{space 4}-509.9425{col 70}{space 3} 329.8278
{txt}{space 10}1974  {c |}{col 17}{res}{space 2}-760.8294{col 29}{space 2} 226.6149{col 40}{space 1}   -3.36{col 49}{space 3}0.001{col 57}{space 4}-1207.024{col 70}{space 3}-314.6346
{txt}{space 10}1975  {c |}{col 17}{res}{space 2}-720.8707{col 29}{space 2}  238.003{col 40}{space 1}   -3.03{col 49}{space 3}0.003{col 57}{space 4}-1189.488{col 70}{space 3}-252.2532
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-191.7737{col 29}{space 2} 216.5217{col 40}{space 1}   -0.89{col 49}{space 3}0.377{col 57}{space 4}-618.0955{col 70}{space 3}  234.548
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} -305.467{col 29}{space 2} 222.8506{col 40}{space 1}   -1.37{col 49}{space 3}0.172{col 57}{space 4}-744.2502{col 70}{space 3} 133.3162
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}-113.2513{col 29}{space 2} 226.6778{col 40}{space 1}   -0.50{col 49}{space 3}0.618{col 57}{space 4}  -559.57{col 70}{space 3} 333.0674
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}-590.5771{col 29}{space 2} 233.8701{col 40}{space 1}   -2.53{col 49}{space 3}0.012{col 57}{space 4}-1051.057{col 70}{space 3}-130.0971
{txt}{space 10}1980  {c |}{col 17}{res}{space 2}-744.9096{col 29}{space 2} 237.4009{col 40}{space 1}   -3.14{col 49}{space 3}0.002{col 57}{space 4}-1212.342{col 70}{space 3}-277.4775
{txt}{space 10}1981  {c |}{col 17}{res}{space 2}-375.8918{col 29}{space 2} 240.3895{col 40}{space 1}   -1.56{col 49}{space 3}0.119{col 57}{space 4}-849.2083{col 70}{space 3} 97.42471
{txt}{space 10}1982  {c |}{col 17}{res}{space 2}-541.1287{col 29}{space 2} 229.8414{col 40}{space 1}   -2.35{col 49}{space 3}0.019{col 57}{space 4}-993.6764{col 70}{space 3}-88.58093
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-149.6283{col 29}{space 2} 239.8834{col 40}{space 1}   -0.62{col 49}{space 3}0.533{col 57}{space 4}-621.9482{col 70}{space 3} 322.6916
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 96.00266{col 29}{space 2} 239.2198{col 40}{space 1}    0.40{col 49}{space 3}0.689{col 57}{space 4}-375.0107{col 70}{space 3}  567.016
{txt}{space 10}1985  {c |}{col 17}{res}{space 2}-172.6984{col 29}{space 2} 240.0655{col 40}{space 1}   -0.72{col 49}{space 3}0.473{col 57}{space 4}-645.3768{col 70}{space 3}   299.98
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} -166.423{col 29}{space 2} 273.8119{col 40}{space 1}   -0.61{col 49}{space 3}0.544{col 57}{space 4}-705.5467{col 70}{space 3} 372.7007
{txt}{space 10}1987  {c |}{col 17}{res}{space 2}-361.6657{col 29}{space 2}  266.774{col 40}{space 1}   -1.36{col 49}{space 3}0.176{col 57}{space 4} -886.932{col 70}{space 3} 163.6006
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}-171.0469{col 29}{space 2} 258.8333{col 40}{space 1}   -0.66{col 49}{space 3}0.509{col 57}{space 4}-680.6784{col 70}{space 3} 338.5847
{txt}{space 10}1989  {c |}{col 17}{res}{space 2}-268.1664{col 29}{space 2} 266.5954{col 40}{space 1}   -1.01{col 49}{space 3}0.315{col 57}{space 4}-793.0811{col 70}{space 3} 256.7482
{txt}{space 10}1990  {c |}{col 17}{res}{space 2} -613.044{col 29}{space 2} 282.0362{col 40}{space 1}   -2.17{col 49}{space 3}0.031{col 57}{space 4}-1168.361{col 70}{space 3}-57.72698
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-723.2463{col 29}{space 2} 268.4151{col 40}{space 1}   -2.69{col 49}{space 3}0.007{col 57}{space 4}-1251.744{col 70}{space 3}-194.7487
{txt}{space 10}1992  {c |}{col 17}{res}{space 2}-246.9906{col 29}{space 2} 269.0777{col 40}{space 1}   -0.92{col 49}{space 3}0.359{col 57}{space 4}-776.7928{col 70}{space 3} 282.8117
{txt}{space 10}1993  {c |}{col 17}{res}{space 2}-415.8651{col 29}{space 2} 266.5242{col 40}{space 1}   -1.56{col 49}{space 3}0.120{col 57}{space 4}-940.6395{col 70}{space 3} 108.9093
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}-280.1226{col 29}{space 2} 272.6969{col 40}{space 1}   -1.03{col 49}{space 3}0.305{col 57}{space 4}-817.0508{col 70}{space 3} 256.8056
{txt}{space 10}1995  {c |}{col 17}{res}{space 2}-261.5913{col 29}{space 2} 275.3926{col 40}{space 1}   -0.95{col 49}{space 3}0.343{col 57}{space 4}-803.8274{col 70}{space 3} 280.6447
{txt}{space 10}1996  {c |}{col 17}{res}{space 2}-199.0078{col 29}{space 2} 288.0684{col 40}{space 1}   -0.69{col 49}{space 3}0.490{col 57}{space 4}-766.2019{col 70}{space 3} 368.1862
{txt}{space 10}1997  {c |}{col 17}{res}{space 2}-97.40899{col 29}{space 2} 303.0587{col 40}{space 1}   -0.32{col 49}{space 3}0.748{col 57}{space 4}-694.1183{col 70}{space 3} 499.3003
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 177.0245{col 29}{space 2} 297.3777{col 40}{space 1}    0.60{col 49}{space 3}0.552{col 57}{space 4}-408.4991{col 70}{space 3} 762.5481
{txt}{space 10}1999  {c |}{col 17}{res}{space 2}-174.0806{col 29}{space 2} 298.5691{col 40}{space 1}   -0.58{col 49}{space 3}0.560{col 57}{space 4}-761.9501{col 70}{space 3} 413.7888
{txt}{space 10}2000  {c |}{col 17}{res}{space 2}  53.7991{col 29}{space 2} 314.6465{col 40}{space 1}    0.17{col 49}{space 3}0.864{col 57}{space 4}-565.7261{col 70}{space 3} 673.3243
{txt}{space 10}2001  {c |}{col 17}{res}{space 2}-458.6919{col 29}{space 2} 295.6996{col 40}{space 1}   -1.55{col 49}{space 3}0.122{col 57}{space 4}-1040.912{col 70}{space 3} 123.5277
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}-609.7872{col 29}{space 2} 314.7543{col 40}{space 1}   -1.94{col 49}{space 3}0.054{col 57}{space 4}-1229.525{col 70}{space 3} 9.950234
{txt}{space 10}2003  {c |}{col 17}{res}{space 2}  -443.17{col 29}{space 2} 290.5985{col 40}{space 1}   -1.53{col 49}{space 3}0.128{col 57}{space 4}-1015.346{col 70}{space 3} 129.0058
{txt}{space 10}2004  {c |}{col 17}{res}{space 2}-53.79927{col 29}{space 2} 328.5643{col 40}{space 1}   -0.16{col 49}{space 3}0.870{col 57}{space 4} -700.728{col 70}{space 3} 593.1294
{txt}{space 10}2005  {c |}{col 17}{res}{space 2}-96.08135{col 29}{space 2} 336.6698{col 40}{space 1}   -0.29{col 49}{space 3}0.776{col 57}{space 4}-758.9695{col 70}{space 3} 566.8068
{txt}{space 10}2006  {c |}{col 17}{res}{space 2}-66.55688{col 29}{space 2} 341.0142{col 40}{space 1}   -0.20{col 49}{space 3}0.845{col 57}{space 4}-737.9989{col 70}{space 3} 604.8852
{txt}{space 10}2007  {c |}{col 17}{res}{space 2}-214.9797{col 29}{space 2} 325.3934{col 40}{space 1}   -0.66{col 49}{space 3}0.509{col 57}{space 4}-855.6651{col 70}{space 3} 425.7058
{txt}{space 10}2008  {c |}{col 17}{res}{space 2}-571.6342{col 29}{space 2} 413.5596{col 40}{space 1}   -1.38{col 49}{space 3}0.168{col 57}{space 4}-1385.915{col 70}{space 3} 242.6465
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-1388.962{col 29}{space 2} 301.9087{col 40}{space 1}   -4.60{col 49}{space 3}0.000{col 57}{space 4}-1983.407{col 70}{space 3}-794.5172
{txt}{space 10}2010  {c |}{col 17}{res}{space 2}-321.2902{col 29}{space 2} 331.5985{col 40}{space 1}   -0.97{col 49}{space 3}0.333{col 57}{space 4}-974.1931{col 70}{space 3} 331.6127
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 725.0724{col 29}{space 2} 230.5212{col 40}{space 1}    3.15{col 49}{space 3}0.002{col 57}{space 4} 271.1862{col 70}{space 3} 1178.959
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. newey d.klarnerranney l.klarnerranney l.real_pc_inc_ann d.real_pc_inc_ann i.state_fips i.year if newsouth==1, lag(8) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       340
{txt}maximum lag: {res}8{col 49}{txt}F( 74,       265){col 67}= {res}      5.54
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}  Newey-West
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1678937{col 29}{space 2} .0394186{col 40}{space 1}   -4.26{col 49}{space 3}0.000{col 57}{space 4}-.2455072{col 70}{space 3}-.0902802
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0005855{col 29}{space 2} .0005875{col 40}{space 1}    1.00{col 49}{space 3}0.320{col 57}{space 4}-.0005713{col 70}{space 3} .0017424
{txt}{space 12}D1. {c |}{col 17}{res}{space 2}-.0001741{col 29}{space 2} .0017857{col 40}{space 1}   -0.10{col 49}{space 3}0.922{col 57}{space 4}  -.00369{col 70}{space 3} .0033418
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2}-1.602985{col 29}{space 2} 1.828521{col 40}{space 1}   -0.88{col 49}{space 3}0.381{col 57}{space 4}-5.203264{col 70}{space 3} 1.997293
{txt}{space 12}37  {c |}{col 17}{res}{space 2}  -.01452{col 29}{space 2} 1.734525{col 40}{space 1}   -0.01{col 49}{space 3}0.993{col 57}{space 4}-3.429725{col 70}{space 3} 3.400685
{txt}{space 12}48  {c |}{col 17}{res}{space 2}-1.451348{col 29}{space 2} 1.563018{col 40}{space 1}   -0.93{col 49}{space 3}0.354{col 57}{space 4}-4.528861{col 70}{space 3} 1.626166
{txt}{space 12}51  {c |}{col 17}{res}{space 2}  -.03315{col 29}{space 2} 1.166984{col 40}{space 1}   -0.03{col 49}{space 3}0.977{col 57}{space 4}-2.330891{col 70}{space 3} 2.264591
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1944  {c |}{col 17}{res}{space 2}-.3450016{col 29}{space 2}  1.80522{col 40}{space 1}   -0.19{col 49}{space 3}0.849{col 57}{space 4}  -3.8994{col 70}{space 3} 3.209397
{txt}{space 10}1945  {c |}{col 17}{res}{space 2}-.9001726{col 29}{space 2}  1.57626{col 40}{space 1}   -0.57{col 49}{space 3}0.568{col 57}{space 4} -4.00376{col 70}{space 3} 2.203414
{txt}{space 10}1946  {c |}{col 17}{res}{space 2}-1.418177{col 29}{space 2} 2.411983{col 40}{space 1}   -0.59{col 49}{space 3}0.557{col 57}{space 4}-6.167266{col 70}{space 3} 3.330913
{txt}{space 10}1947  {c |}{col 17}{res}{space 2} -2.03813{col 29}{space 2} 2.585719{col 40}{space 1}   -0.79{col 49}{space 3}0.431{col 57}{space 4}-7.129297{col 70}{space 3} 3.053037
{txt}{space 10}1948  {c |}{col 17}{res}{space 2}-1.613513{col 29}{space 2} 1.617947{col 40}{space 1}   -1.00{col 49}{space 3}0.320{col 57}{space 4}-4.799181{col 70}{space 3} 1.572155
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-1.495014{col 29}{space 2} 1.699493{col 40}{space 1}   -0.88{col 49}{space 3}0.380{col 57}{space 4}-4.841242{col 70}{space 3} 1.851214
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}-1.448988{col 29}{space 2} 1.367326{col 40}{space 1}   -1.06{col 49}{space 3}0.290{col 57}{space 4}-4.141193{col 70}{space 3} 1.243216
{txt}{space 10}1951  {c |}{col 17}{res}{space 2}-1.572052{col 29}{space 2} 1.741678{col 40}{space 1}   -0.90{col 49}{space 3}0.368{col 57}{space 4} -5.00134{col 70}{space 3} 1.857235
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}-1.106263{col 29}{space 2} 1.757457{col 40}{space 1}   -0.63{col 49}{space 3}0.530{col 57}{space 4}-4.566618{col 70}{space 3} 2.354093
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} .3981837{col 29}{space 2} 2.003496{col 40}{space 1}    0.20{col 49}{space 3}0.843{col 57}{space 4}-3.546613{col 70}{space 3}  4.34298
{txt}{space 10}1954  {c |}{col 17}{res}{space 2}-1.380069{col 29}{space 2} 1.923211{col 40}{space 1}   -0.72{col 49}{space 3}0.474{col 57}{space 4}-5.166788{col 70}{space 3}  2.40665
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}-1.991879{col 29}{space 2} 1.854729{col 40}{space 1}   -1.07{col 49}{space 3}0.284{col 57}{space 4} -5.64376{col 70}{space 3} 1.660001
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-1.676695{col 29}{space 2} 1.814297{col 40}{space 1}   -0.92{col 49}{space 3}0.356{col 57}{space 4}-5.248967{col 70}{space 3} 1.895576
{txt}{space 10}1957  {c |}{col 17}{res}{space 2}-.5671138{col 29}{space 2} 2.624339{col 40}{space 1}   -0.22{col 49}{space 3}0.829{col 57}{space 4}-5.734324{col 70}{space 3} 4.600096
{txt}{space 10}1958  {c |}{col 17}{res}{space 2}-1.580651{col 29}{space 2} 2.132224{col 40}{space 1}   -0.74{col 49}{space 3}0.459{col 57}{space 4}-5.778906{col 70}{space 3} 2.617604
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-4.274796{col 29}{space 2} 2.805221{col 40}{space 1}   -1.52{col 49}{space 3}0.129{col 57}{space 4}-9.798153{col 70}{space 3} 1.248561
{txt}{space 10}1960  {c |}{col 17}{res}{space 2} -2.37911{col 29}{space 2} 2.159462{col 40}{space 1}   -1.10{col 49}{space 3}0.272{col 57}{space 4}-6.630996{col 70}{space 3} 1.872776
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} .6726547{col 29}{space 2} 2.965607{col 40}{space 1}    0.23{col 49}{space 3}0.821{col 57}{space 4}-5.166496{col 70}{space 3} 6.511806
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}-2.103199{col 29}{space 2}  2.18988{col 40}{space 1}   -0.96{col 49}{space 3}0.338{col 57}{space 4}-6.414977{col 70}{space 3} 2.208579
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 1.357442{col 29}{space 2} 2.361852{col 40}{space 1}    0.57{col 49}{space 3}0.566{col 57}{space 4}-3.292941{col 70}{space 3} 6.007826
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 1.001786{col 29}{space 2} 2.220471{col 40}{space 1}    0.45{col 49}{space 3}0.652{col 57}{space 4}-3.370225{col 70}{space 3} 5.373798
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}-1.101585{col 29}{space 2}  4.78561{col 40}{space 1}   -0.23{col 49}{space 3}0.818{col 57}{space 4}-10.52424{col 70}{space 3} 8.321073
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} .7800413{col 29}{space 2} 3.330416{col 40}{space 1}    0.23{col 49}{space 3}0.815{col 57}{space 4}-5.777402{col 70}{space 3} 7.337485
{txt}{space 10}1967  {c |}{col 17}{res}{space 2}  14.8445{col 29}{space 2} 12.48999{col 40}{space 1}    1.19{col 49}{space 3}0.236{col 57}{space 4}-9.747742{col 70}{space 3} 39.43675
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 4.415399{col 29}{space 2} 3.416288{col 40}{space 1}    1.29{col 49}{space 3}0.197{col 57}{space 4}-2.311122{col 70}{space 3} 11.14192
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 2.459448{col 29}{space 2} 4.673325{col 40}{space 1}    0.53{col 49}{space 3}0.599{col 57}{space 4}-6.742126{col 70}{space 3} 11.66102
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 4.079828{col 29}{space 2}  4.61131{col 40}{space 1}    0.88{col 49}{space 3}0.377{col 57}{space 4}-4.999641{col 70}{space 3}  13.1593
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}-2.717449{col 29}{space 2} 4.365943{col 40}{space 1}   -0.62{col 49}{space 3}0.534{col 57}{space 4} -11.3138{col 70}{space 3} 5.878901
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} .9121734{col 29}{space 2} 3.940152{col 40}{space 1}    0.23{col 49}{space 3}0.817{col 57}{space 4}-6.845814{col 70}{space 3} 8.670161
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 11.39668{col 29}{space 2} 6.001469{col 40}{space 1}    1.90{col 49}{space 3}0.059{col 57}{space 4}-.4199464{col 70}{space 3} 23.21331
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 2.594769{col 29}{space 2} 5.095294{col 40}{space 1}    0.51{col 49}{space 3}0.611{col 57}{space 4}-7.437643{col 70}{space 3} 12.62718
{txt}{space 10}1975  {c |}{col 17}{res}{space 2}-12.81356{col 29}{space 2} 9.041496{col 40}{space 1}   -1.42{col 49}{space 3}0.158{col 57}{space 4}-30.61587{col 70}{space 3} 4.988748
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-2.354672{col 29}{space 2} 4.378716{col 40}{space 1}   -0.54{col 49}{space 3}0.591{col 57}{space 4}-10.97617{col 70}{space 3} 6.266829
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}-2.406242{col 29}{space 2} 4.837487{col 40}{space 1}   -0.50{col 49}{space 3}0.619{col 57}{space 4}-11.93104{col 70}{space 3} 7.118558
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}-.4706072{col 29}{space 2} 4.818683{col 40}{space 1}   -0.10{col 49}{space 3}0.922{col 57}{space 4}-9.958384{col 70}{space 3} 9.017169
{txt}{space 10}1979  {c |}{col 17}{res}{space 2} 2.260646{col 29}{space 2} 5.251007{col 40}{space 1}    0.43{col 49}{space 3}0.667{col 57}{space 4}-8.078357{col 70}{space 3} 12.59965
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 2.172764{col 29}{space 2} 5.800145{col 40}{space 1}    0.37{col 49}{space 3}0.708{col 57}{space 4}-9.247468{col 70}{space 3}   13.593
{txt}{space 10}1981  {c |}{col 17}{res}{space 2} 8.909224{col 29}{space 2} 5.735853{col 40}{space 1}    1.55{col 49}{space 3}0.122{col 57}{space 4}-2.384419{col 70}{space 3} 20.20287
{txt}{space 10}1982  {c |}{col 17}{res}{space 2} 3.185647{col 29}{space 2} 5.838716{col 40}{space 1}    0.55{col 49}{space 3}0.586{col 57}{space 4} -8.31053{col 70}{space 3} 14.68182
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-5.438989{col 29}{space 2} 5.891363{col 40}{space 1}   -0.92{col 49}{space 3}0.357{col 57}{space 4}-17.03883{col 70}{space 3} 6.160848
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} .4215174{col 29}{space 2} 5.246735{col 40}{space 1}    0.08{col 49}{space 3}0.936{col 57}{space 4}-9.909074{col 70}{space 3} 10.75211
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 10.43609{col 29}{space 2}  7.42631{col 40}{space 1}    1.41{col 49}{space 3}0.161{col 57}{space 4}-4.185991{col 70}{space 3} 25.05817
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} 1.879259{col 29}{space 2} 6.125036{col 40}{space 1}    0.31{col 49}{space 3}0.759{col 57}{space 4}-10.18067{col 70}{space 3} 13.93919
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 4.742184{col 29}{space 2} 7.127886{col 40}{space 1}    0.67{col 49}{space 3}0.506{col 57}{space 4}-9.292312{col 70}{space 3} 18.77668
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} 2.196004{col 29}{space 2}  6.49888{col 40}{space 1}    0.34{col 49}{space 3}0.736{col 57}{space 4}-10.60001{col 70}{space 3} 14.99201
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 8.957484{col 29}{space 2} 7.044624{col 40}{space 1}    1.27{col 49}{space 3}0.205{col 57}{space 4}-4.913073{col 70}{space 3} 22.82804
{txt}{space 10}1990  {c |}{col 17}{res}{space 2} 3.601247{col 29}{space 2} 7.167441{col 40}{space 1}    0.50{col 49}{space 3}0.616{col 57}{space 4}-10.51113{col 70}{space 3} 17.71363
{txt}{space 10}1991  {c |}{col 17}{res}{space 2} 1.758334{col 29}{space 2} 7.220419{col 40}{space 1}    0.24{col 49}{space 3}0.808{col 57}{space 4}-12.45836{col 70}{space 3} 15.97502
{txt}{space 10}1992  {c |}{col 17}{res}{space 2}  8.17282{col 29}{space 2} 7.872084{col 40}{space 1}    1.04{col 49}{space 3}0.300{col 57}{space 4}-7.326969{col 70}{space 3} 23.67261
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 10.22934{col 29}{space 2} 8.006342{col 40}{space 1}    1.28{col 49}{space 3}0.202{col 57}{space 4}  -5.5348{col 70}{space 3} 25.99347
{txt}{space 10}1994  {c |}{col 17}{res}{space 2} 6.499076{col 29}{space 2} 7.415635{col 40}{space 1}    0.88{col 49}{space 3}0.382{col 57}{space 4}-8.101986{col 70}{space 3} 21.10014
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 18.49523{col 29}{space 2} 9.222522{col 40}{space 1}    2.01{col 49}{space 3}0.046{col 57}{space 4} .3364876{col 70}{space 3} 36.65397
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 7.729632{col 29}{space 2} 8.156492{col 40}{space 1}    0.95{col 49}{space 3}0.344{col 57}{space 4}-8.330145{col 70}{space 3} 23.78941
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 8.645908{col 29}{space 2} 9.378673{col 40}{space 1}    0.92{col 49}{space 3}0.357{col 57}{space 4}-9.820289{col 70}{space 3} 27.11211
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 7.046078{col 29}{space 2} 8.308445{col 40}{space 1}    0.85{col 49}{space 3}0.397{col 57}{space 4}-9.312887{col 70}{space 3} 23.40504
{txt}{space 10}1999  {c |}{col 17}{res}{space 2}  .707992{col 29}{space 2} 10.15757{col 40}{space 1}    0.07{col 49}{space 3}0.944{col 57}{space 4}-19.29182{col 70}{space 3}  20.7078
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 5.213973{col 29}{space 2} 8.614077{col 40}{space 1}    0.61{col 49}{space 3}0.546{col 57}{space 4}-11.74677{col 70}{space 3} 22.17471
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 4.535783{col 29}{space 2} 9.466661{col 40}{space 1}    0.48{col 49}{space 3}0.632{col 57}{space 4}-14.10366{col 70}{space 3} 23.17523
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} 2.295441{col 29}{space 2} 8.948803{col 40}{space 1}    0.26{col 49}{space 3}0.798{col 57}{space 4}-15.32436{col 70}{space 3} 19.91524
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 4.039716{col 29}{space 2} 10.48293{col 40}{space 1}    0.39{col 49}{space 3}0.700{col 57}{space 4}-16.60071{col 70}{space 3} 24.68014
{txt}{space 10}2004  {c |}{col 17}{res}{space 2}  4.45773{col 29}{space 2} 8.885718{col 40}{space 1}    0.50{col 49}{space 3}0.616{col 57}{space 4}-13.03786{col 70}{space 3} 21.95332
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 1.276439{col 29}{space 2} 9.437755{col 40}{space 1}    0.14{col 49}{space 3}0.893{col 57}{space 4}-17.30609{col 70}{space 3} 19.85897
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 3.605033{col 29}{space 2} 9.334536{col 40}{space 1}    0.39{col 49}{space 3}0.700{col 57}{space 4}-14.77426{col 70}{space 3} 21.98433
{txt}{space 10}2007  {c |}{col 17}{res}{space 2}  2.80679{col 29}{space 2} 9.292825{col 40}{space 1}    0.30{col 49}{space 3}0.763{col 57}{space 4}-15.49038{col 70}{space 3} 21.10396
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 6.116494{col 29}{space 2} 9.444283{col 40}{space 1}    0.65{col 49}{space 3}0.518{col 57}{space 4}-12.47889{col 70}{space 3} 24.71187
{txt}{space 10}2009  {c |}{col 17}{res}{space 2} 4.694778{col 29}{space 2} 10.38095{col 40}{space 1}    0.45{col 49}{space 3}0.651{col 57}{space 4}-15.74486{col 70}{space 3} 25.13442
{txt}{space 10}2010  {c |}{col 17}{res}{space 2}-1.745288{col 29}{space 2} 9.287177{col 40}{space 1}   -0.19{col 49}{space 3}0.851{col 57}{space 4}-20.03133{col 70}{space 3} 16.54076
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} .1506929{col 29}{space 2}  3.44071{col 40}{space 1}    0.04{col 49}{space 3}0.965{col 57}{space 4}-6.623915{col 70}{space 3} 6.925301
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. 
. 
. *** 1.D: Reduce (4,3) MODEL TO MATCH (5,4) ***
. *(5,4)*
. //qui sureg (d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney  l4.d.real_pc_inc_ann l3.d.klarnerranney  i.state_fips i.year if newsouth==1) (d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann  l4.d.klarnerranney l3.d.real_pc_inc_ann  i.state_fips i.year if newsouth==1), corr
. 
. //estat ic
. //Income (5,4)
. newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney  l4.d.real_pc_inc_ann l3.d.klarnerranney  i.state_fips i.year if newsouth==1, lag(8) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       320
{txt}maximum lag: {res}8{col 49}{txt}F( 77,       242){col 67}= {res}    103.90
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}{col 29}  Newey-West
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.0419698{col 29}{space 2} .0260089{col 40}{space 1}   -1.61{col 49}{space 3}0.108{col 57}{space 4}-.0932025{col 70}{space 3}  .009263
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} -1.04127{col 29}{space 2} .8817842{col 40}{space 1}   -1.18{col 49}{space 3}0.239{col 57}{space 4}-2.778222{col 70}{space 3} .6956821
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .1335525{col 29}{space 2} .1020925{col 40}{space 1}    1.31{col 49}{space 3}0.192{col 57}{space 4}-.0675508{col 70}{space 3} .3346559
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} .2257248{col 29}{space 2} 1.046486{col 40}{space 1}    0.22{col 49}{space 3}0.829{col 57}{space 4} -1.83566{col 70}{space 3}  2.28711
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .2454228{col 29}{space 2} .0572589{col 40}{space 1}    4.29{col 49}{space 3}0.000{col 57}{space 4} .1326334{col 70}{space 3} .3582122
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} 1.229504{col 29}{space 2} 1.272224{col 40}{space 1}    0.97{col 49}{space 3}0.335{col 57}{space 4}-1.276543{col 70}{space 3}  3.73555
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0469129{col 29}{space 2} .0851534{col 40}{space 1}    0.55{col 49}{space 3}0.582{col 57}{space 4}-.1208235{col 70}{space 3} .2146494
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} 1.469607{col 29}{space 2} 1.388426{col 40}{space 1}    1.06{col 49}{space 3}0.291{col 57}{space 4}-1.265336{col 70}{space 3} 4.204551
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L4D. {c |}{col 17}{res}{space 2}-.0328343{col 29}{space 2} .0678129{col 40}{space 1}   -0.48{col 49}{space 3}0.629{col 57}{space 4}-.1664131{col 70}{space 3} .1007446
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .7832139{col 29}{space 2} 1.154266{col 40}{space 1}    0.68{col 49}{space 3}0.498{col 57}{space 4}-1.490477{col 70}{space 3} 3.056905
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2}-63.41624{col 29}{space 2} 41.67429{col 40}{space 1}   -1.52{col 49}{space 3}0.129{col 57}{space 4}-145.5069{col 70}{space 3} 18.67441
{txt}{space 12}37  {c |}{col 17}{res}{space 2}-66.35462{col 29}{space 2} 42.76183{col 40}{space 1}   -1.55{col 49}{space 3}0.122{col 57}{space 4}-150.5875{col 70}{space 3} 17.87827
{txt}{space 12}48  {c |}{col 17}{res}{space 2}-29.83462{col 29}{space 2} 35.28411{col 40}{space 1}   -0.85{col 49}{space 3}0.399{col 57}{space 4} -99.3378{col 70}{space 3} 39.66855
{txt}{space 12}51  {c |}{col 17}{res}{space 2} 50.78599{col 29}{space 2} 25.80455{col 40}{space 1}    1.97{col 49}{space 3}0.050{col 57}{space 4}-.0442091{col 70}{space 3} 101.6162
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2} 639.8938{col 29}{space 2} 125.0189{col 40}{space 1}    5.12{col 49}{space 3}0.000{col 57}{space 4} 393.6297{col 70}{space 3} 886.1578
{txt}{space 10}1949  {c |}{col 17}{res}{space 2} 635.7028{col 29}{space 2} 140.4973{col 40}{space 1}    4.52{col 49}{space 3}0.000{col 57}{space 4}  358.949{col 70}{space 3} 912.4565
{txt}{space 10}1950  {c |}{col 17}{res}{space 2} 791.1149{col 29}{space 2} 159.9329{col 40}{space 1}    4.95{col 49}{space 3}0.000{col 57}{space 4} 476.0766{col 70}{space 3} 1106.153
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} 493.0013{col 29}{space 2} 145.1514{col 40}{space 1}    3.40{col 49}{space 3}0.001{col 57}{space 4} 207.0799{col 70}{space 3} 778.9227
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}  510.071{col 29}{space 2} 121.4501{col 40}{space 1}    4.20{col 49}{space 3}0.000{col 57}{space 4} 270.8368{col 70}{space 3} 749.3051
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 532.7055{col 29}{space 2} 130.2384{col 40}{space 1}    4.09{col 49}{space 3}0.000{col 57}{space 4}   276.16{col 70}{space 3}  789.251
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} 436.3955{col 29}{space 2} 121.3947{col 40}{space 1}    3.59{col 49}{space 3}0.000{col 57}{space 4} 197.2704{col 70}{space 3} 675.5205
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} 792.7178{col 29}{space 2} 124.3305{col 40}{space 1}    6.38{col 49}{space 3}0.000{col 57}{space 4} 547.8096{col 70}{space 3} 1037.626
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} 662.9435{col 29}{space 2} 131.5344{col 40}{space 1}    5.04{col 49}{space 3}0.000{col 57}{space 4} 403.8451{col 70}{space 3} 922.0419
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 292.1294{col 29}{space 2} 134.2518{col 40}{space 1}    2.18{col 49}{space 3}0.031{col 57}{space 4} 27.67808{col 70}{space 3} 556.5807
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} 432.9601{col 29}{space 2} 132.3367{col 40}{space 1}    3.27{col 49}{space 3}0.001{col 57}{space 4} 172.2812{col 70}{space 3} 693.6389
{txt}{space 10}1959  {c |}{col 17}{res}{space 2} 760.2073{col 29}{space 2} 118.3304{col 40}{space 1}    6.42{col 49}{space 3}0.000{col 57}{space 4} 527.1183{col 70}{space 3} 993.2962
{txt}{space 10}1960  {c |}{col 17}{res}{space 2} 505.2035{col 29}{space 2}  130.245{col 40}{space 1}    3.88{col 49}{space 3}0.000{col 57}{space 4}  248.645{col 70}{space 3} 761.7621
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} 549.3958{col 29}{space 2} 134.8813{col 40}{space 1}    4.07{col 49}{space 3}0.000{col 57}{space 4} 283.7045{col 70}{space 3} 815.0871
{txt}{space 10}1962  {c |}{col 17}{res}{space 2} 700.4487{col 29}{space 2} 124.3374{col 40}{space 1}    5.63{col 49}{space 3}0.000{col 57}{space 4}  455.527{col 70}{space 3} 945.3704
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 682.3551{col 29}{space 2} 131.5242{col 40}{space 1}    5.19{col 49}{space 3}0.000{col 57}{space 4} 423.2768{col 70}{space 3} 941.4333
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 814.6038{col 29}{space 2} 129.1224{col 40}{space 1}    6.31{col 49}{space 3}0.000{col 57}{space 4} 560.2564{col 70}{space 3} 1068.951
{txt}{space 10}1965  {c |}{col 17}{res}{space 2} 799.8741{col 29}{space 2} 133.1147{col 40}{space 1}    6.01{col 49}{space 3}0.000{col 57}{space 4} 537.6627{col 70}{space 3} 1062.086
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} 796.9531{col 29}{space 2} 144.6348{col 40}{space 1}    5.51{col 49}{space 3}0.000{col 57}{space 4} 512.0494{col 70}{space 3} 1081.857
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 824.1467{col 29}{space 2} 134.8485{col 40}{space 1}    6.11{col 49}{space 3}0.000{col 57}{space 4}   558.52{col 70}{space 3} 1089.773
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 878.6587{col 29}{space 2} 139.0846{col 40}{space 1}    6.32{col 49}{space 3}0.000{col 57}{space 4} 604.6877{col 70}{space 3}  1152.63
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 872.1964{col 29}{space 2} 153.2026{col 40}{space 1}    5.69{col 49}{space 3}0.000{col 57}{space 4} 570.4156{col 70}{space 3} 1173.977
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 630.8451{col 29}{space 2} 157.9924{col 40}{space 1}    3.99{col 49}{space 3}0.000{col 57}{space 4} 319.6293{col 70}{space 3}  942.061
{txt}{space 10}1971  {c |}{col 17}{res}{space 2} 784.5972{col 29}{space 2} 155.0967{col 40}{space 1}    5.06{col 49}{space 3}0.000{col 57}{space 4} 479.0854{col 70}{space 3} 1090.109
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 1204.372{col 29}{space 2}  159.973{col 40}{space 1}    7.53{col 49}{space 3}0.000{col 57}{space 4}  889.255{col 70}{space 3}  1519.49
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 1058.038{col 29}{space 2} 180.4446{col 40}{space 1}    5.86{col 49}{space 3}0.000{col 57}{space 4} 702.5958{col 70}{space 3} 1413.481
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 311.4807{col 29}{space 2} 199.0633{col 40}{space 1}    1.56{col 49}{space 3}0.119{col 57}{space 4}-80.63714{col 70}{space 3} 703.5985
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} 450.0281{col 29}{space 2} 205.6691{col 40}{space 1}    2.19{col 49}{space 3}0.030{col 57}{space 4} 44.89799{col 70}{space 3} 855.1582
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} 1168.974{col 29}{space 2} 174.4841{col 40}{space 1}    6.70{col 49}{space 3}0.000{col 57}{space 4}  825.273{col 70}{space 3} 1512.676
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} 1027.222{col 29}{space 2} 202.1435{col 40}{space 1}    5.08{col 49}{space 3}0.000{col 57}{space 4} 629.0361{col 70}{space 3} 1425.407
{txt}{space 10}1978  {c |}{col 17}{res}{space 2} 1078.154{col 29}{space 2} 221.7923{col 40}{space 1}    4.86{col 49}{space 3}0.000{col 57}{space 4} 641.2639{col 70}{space 3} 1515.044
{txt}{space 10}1979  {c |}{col 17}{res}{space 2} 580.1894{col 29}{space 2} 208.3996{col 40}{space 1}    2.78{col 49}{space 3}0.006{col 57}{space 4} 169.6808{col 70}{space 3}  990.698
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 460.6404{col 29}{space 2} 207.6696{col 40}{space 1}    2.22{col 49}{space 3}0.027{col 57}{space 4} 51.56966{col 70}{space 3} 869.7111
{txt}{space 10}1981  {c |}{col 17}{res}{space 2} 944.9779{col 29}{space 2} 224.8996{col 40}{space 1}    4.20{col 49}{space 3}0.000{col 57}{space 4} 501.9673{col 70}{space 3} 1387.988
{txt}{space 10}1982  {c |}{col 17}{res}{space 2} 800.9963{col 29}{space 2} 212.9064{col 40}{space 1}    3.76{col 49}{space 3}0.000{col 57}{space 4} 381.6101{col 70}{space 3} 1220.382
{txt}{space 10}1983  {c |}{col 17}{res}{space 2} 1121.402{col 29}{space 2} 213.7545{col 40}{space 1}    5.25{col 49}{space 3}0.000{col 57}{space 4} 700.3453{col 70}{space 3} 1542.459
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 1359.089{col 29}{space 2} 218.8242{col 40}{space 1}    6.21{col 49}{space 3}0.000{col 57}{space 4} 928.0456{col 70}{space 3} 1790.132
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 1008.742{col 29}{space 2} 234.2876{col 40}{space 1}    4.31{col 49}{space 3}0.000{col 57}{space 4} 547.2386{col 70}{space 3} 1470.245
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} 970.7991{col 29}{space 2} 230.2716{col 40}{space 1}    4.22{col 49}{space 3}0.000{col 57}{space 4} 517.2067{col 70}{space 3} 1424.391
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 847.7374{col 29}{space 2} 225.1735{col 40}{space 1}    3.76{col 49}{space 3}0.000{col 57}{space 4} 404.1872{col 70}{space 3} 1291.288
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} 1097.904{col 29}{space 2} 238.3395{col 40}{space 1}    4.61{col 49}{space 3}0.000{col 57}{space 4} 628.4192{col 70}{space 3} 1567.389
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 1032.379{col 29}{space 2} 255.6997{col 40}{space 1}    4.04{col 49}{space 3}0.000{col 57}{space 4} 528.6977{col 70}{space 3}  1536.06
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}  671.287{col 29}{space 2} 283.7801{col 40}{space 1}    2.37{col 49}{space 3}0.019{col 57}{space 4} 112.2926{col 70}{space 3} 1230.281
{txt}{space 10}1991  {c |}{col 17}{res}{space 2} 616.2376{col 29}{space 2} 272.0806{col 40}{space 1}    2.26{col 49}{space 3}0.024{col 57}{space 4} 80.28919{col 70}{space 3} 1152.186
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 1202.266{col 29}{space 2}  271.247{col 40}{space 1}    4.43{col 49}{space 3}0.000{col 57}{space 4} 667.9594{col 70}{space 3} 1736.572
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 1019.913{col 29}{space 2} 280.6482{col 40}{space 1}    3.63{col 49}{space 3}0.000{col 57}{space 4} 467.0879{col 70}{space 3} 1572.738
{txt}{space 10}1994  {c |}{col 17}{res}{space 2} 1053.194{col 29}{space 2} 303.1769{col 40}{space 1}    3.47{col 49}{space 3}0.001{col 57}{space 4} 455.9915{col 70}{space 3} 1650.397
{txt}{space 10}1995  {c |}{col 17}{res}{space 2}  1074.29{col 29}{space 2} 287.0007{col 40}{space 1}    3.74{col 49}{space 3}0.000{col 57}{space 4} 508.9516{col 70}{space 3} 1639.628
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 1135.673{col 29}{space 2} 289.6438{col 40}{space 1}    3.92{col 49}{space 3}0.000{col 57}{space 4} 565.1285{col 70}{space 3} 1706.218
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 1226.591{col 29}{space 2} 297.4437{col 40}{space 1}    4.12{col 49}{space 3}0.000{col 57}{space 4} 640.6822{col 70}{space 3}   1812.5
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 1500.843{col 29}{space 2} 298.2944{col 40}{space 1}    5.03{col 49}{space 3}0.000{col 57}{space 4} 913.2582{col 70}{space 3} 2088.428
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 1121.073{col 29}{space 2}  303.706{col 40}{space 1}    3.69{col 49}{space 3}0.000{col 57}{space 4} 522.8288{col 70}{space 3} 1719.318
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 1342.181{col 29}{space 2} 317.7609{col 40}{space 1}    4.22{col 49}{space 3}0.000{col 57}{space 4} 716.2506{col 70}{space 3} 1968.111
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 897.2392{col 29}{space 2} 291.7946{col 40}{space 1}    3.07{col 49}{space 3}0.002{col 57}{space 4} 322.4578{col 70}{space 3} 1472.021
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} 782.8027{col 29}{space 2} 339.6505{col 40}{space 1}    2.30{col 49}{space 3}0.022{col 57}{space 4}  113.754{col 70}{space 3} 1451.851
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 1067.082{col 29}{space 2} 310.2111{col 40}{space 1}    3.44{col 49}{space 3}0.001{col 57}{space 4} 456.0235{col 70}{space 3} 1678.141
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 1504.113{col 29}{space 2} 344.9885{col 40}{space 1}    4.36{col 49}{space 3}0.000{col 57}{space 4} 824.5495{col 70}{space 3} 2183.677
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 1370.337{col 29}{space 2} 370.8893{col 40}{space 1}    3.69{col 49}{space 3}0.000{col 57}{space 4} 639.7537{col 70}{space 3}  2100.92
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 1308.413{col 29}{space 2} 353.4724{col 40}{space 1}    3.70{col 49}{space 3}0.000{col 57}{space 4} 612.1378{col 70}{space 3} 2004.688
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 1168.024{col 29}{space 2} 345.2641{col 40}{space 1}    3.38{col 49}{space 3}0.001{col 57}{space 4} 487.9175{col 70}{space 3}  1848.13
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 845.0481{col 29}{space 2} 425.0052{col 40}{space 1}    1.99{col 49}{space 3}0.048{col 57}{space 4} 7.866329{col 70}{space 3}  1682.23
{txt}{space 10}2009  {c |}{col 17}{res}{space 2} 103.0431{col 29}{space 2} 361.4893{col 40}{space 1}    0.29{col 49}{space 3}0.776{col 57}{space 4} -609.024{col 70}{space 3} 815.1103
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} 1348.207{col 29}{space 2} 378.5856{col 40}{space 1}    3.56{col 49}{space 3}0.000{col 57}{space 4} 602.4635{col 70}{space 3} 2093.951
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} -214.628{col 29}{space 2} 181.5631{col 40}{space 1}   -1.18{col 49}{space 3}0.238{col 57}{space 4}-572.2738{col 70}{space 3} 143.0177
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. predict allstatesfullinc
{txt}(option xb assumed; fitted values)
(245 missing values generated)

{com}. 
. //ols version
. reg d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney  l4.d.real_pc_inc_ann l3.d.klarnerranney  i.state_fips i.year if newsouth==1

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       320
{txt}{hline 13}{c +}{hline 34}   F(77, 242)      = {res}    15.10
{txt}       Model {c |} {res} 23332111.9        77   303014.44   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 4855782.31       242  20065.2162   {txt}R-squared       ={res}    0.8277
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.7729
{txt}       Total {c |} {res} 28187894.2       319  88363.3048   {txt}Root MSE        =   {res} 141.65

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.0419698{col 29}{space 2} .0195141{col 40}{space 1}   -2.15{col 49}{space 3}0.032{col 57}{space 4} -.080409{col 70}{space 3}-.0035306
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} -1.04127{col 29}{space 2} .9113775{col 40}{space 1}   -1.14{col 49}{space 3}0.254{col 57}{space 4}-2.836515{col 70}{space 3} .7539754
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .1335525{col 29}{space 2} .0633767{col 40}{space 1}    2.11{col 49}{space 3}0.036{col 57}{space 4} .0087121{col 70}{space 3}  .258393
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} .2257248{col 29}{space 2} 1.390822{col 40}{space 1}    0.16{col 49}{space 3}0.871{col 57}{space 4}-2.513938{col 70}{space 3} 2.965388
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .2454228{col 29}{space 2} .0664558{col 40}{space 1}    3.69{col 49}{space 3}0.000{col 57}{space 4} .1145171{col 70}{space 3} .3763285
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} 1.229504{col 29}{space 2}  1.47191{col 40}{space 1}    0.84{col 49}{space 3}0.404{col 57}{space 4}-1.669887{col 70}{space 3} 4.128894
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0469129{col 29}{space 2} .0720638{col 40}{space 1}    0.65{col 49}{space 3}0.516{col 57}{space 4}-.0950394{col 70}{space 3} .1888653
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} 1.469607{col 29}{space 2}  1.42606{col 40}{space 1}    1.03{col 49}{space 3}0.304{col 57}{space 4}-1.339467{col 70}{space 3} 4.278682
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L4D. {c |}{col 17}{res}{space 2}-.0328343{col 29}{space 2} .0672098{col 40}{space 1}   -0.49{col 49}{space 3}0.626{col 57}{space 4}-.1652251{col 70}{space 3} .0995566
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .7832139{col 29}{space 2} 1.413663{col 40}{space 1}    0.55{col 49}{space 3}0.580{col 57}{space 4} -2.00144{col 70}{space 3} 3.567868
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2}-63.41624{col 29}{space 2} 36.22122{col 40}{space 1}   -1.75{col 49}{space 3}0.081{col 57}{space 4}-134.7653{col 70}{space 3} 7.932863
{txt}{space 12}37  {c |}{col 17}{res}{space 2}-66.35462{col 29}{space 2} 37.40329{col 40}{space 1}   -1.77{col 49}{space 3}0.077{col 57}{space 4}-140.0322{col 70}{space 3} 7.322938
{txt}{space 12}48  {c |}{col 17}{res}{space 2}-29.83462{col 29}{space 2} 29.01384{col 40}{space 1}   -1.03{col 49}{space 3}0.305{col 57}{space 4}-86.98653{col 70}{space 3} 27.31728
{txt}{space 12}51  {c |}{col 17}{res}{space 2} 50.78599{col 29}{space 2} 26.41203{col 40}{space 1}    1.92{col 49}{space 3}0.056{col 57}{space 4} -1.24083{col 70}{space 3} 102.8128
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2} 639.8938{col 29}{space 2} 96.47501{col 40}{space 1}    6.63{col 49}{space 3}0.000{col 57}{space 4} 449.8558{col 70}{space 3} 829.9317
{txt}{space 10}1949  {c |}{col 17}{res}{space 2} 635.7028{col 29}{space 2} 116.6504{col 40}{space 1}    5.45{col 49}{space 3}0.000{col 57}{space 4}  405.923{col 70}{space 3} 865.4825
{txt}{space 10}1950  {c |}{col 17}{res}{space 2} 791.1149{col 29}{space 2} 127.2784{col 40}{space 1}    6.22{col 49}{space 3}0.000{col 57}{space 4} 540.3999{col 70}{space 3}  1041.83
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} 493.0013{col 29}{space 2}  125.997{col 40}{space 1}    3.91{col 49}{space 3}0.000{col 57}{space 4} 244.8105{col 70}{space 3} 741.1921
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}  510.071{col 29}{space 2} 107.4004{col 40}{space 1}    4.75{col 49}{space 3}0.000{col 57}{space 4} 298.5119{col 70}{space 3}   721.63
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 532.7055{col 29}{space 2} 103.6154{col 40}{space 1}    5.14{col 49}{space 3}0.000{col 57}{space 4} 328.6022{col 70}{space 3} 736.8088
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} 436.3955{col 29}{space 2} 100.4795{col 40}{space 1}    4.34{col 49}{space 3}0.000{col 57}{space 4} 238.4694{col 70}{space 3} 634.3215
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} 792.7178{col 29}{space 2} 101.8601{col 40}{space 1}    7.78{col 49}{space 3}0.000{col 57}{space 4} 592.0723{col 70}{space 3} 993.3633
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} 662.9435{col 29}{space 2} 110.1833{col 40}{space 1}    6.02{col 49}{space 3}0.000{col 57}{space 4} 445.9028{col 70}{space 3} 879.9842
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 292.1294{col 29}{space 2} 111.5337{col 40}{space 1}    2.62{col 49}{space 3}0.009{col 57}{space 4} 72.42856{col 70}{space 3} 511.8302
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} 432.9601{col 29}{space 2}  104.374{col 40}{space 1}    4.15{col 49}{space 3}0.000{col 57}{space 4} 227.3625{col 70}{space 3} 638.5576
{txt}{space 10}1959  {c |}{col 17}{res}{space 2} 760.2073{col 29}{space 2} 99.81721{col 40}{space 1}    7.62{col 49}{space 3}0.000{col 57}{space 4} 563.5858{col 70}{space 3} 956.8287
{txt}{space 10}1960  {c |}{col 17}{res}{space 2} 505.2035{col 29}{space 2} 112.8529{col 40}{space 1}    4.48{col 49}{space 3}0.000{col 57}{space 4} 282.9043{col 70}{space 3} 727.5028
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} 549.3958{col 29}{space 2} 114.6549{col 40}{space 1}    4.79{col 49}{space 3}0.000{col 57}{space 4} 323.5469{col 70}{space 3} 775.2448
{txt}{space 10}1962  {c |}{col 17}{res}{space 2} 700.4487{col 29}{space 2} 110.3531{col 40}{space 1}    6.35{col 49}{space 3}0.000{col 57}{space 4} 483.0735{col 70}{space 3} 917.8238
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 682.3551{col 29}{space 2} 111.1781{col 40}{space 1}    6.14{col 49}{space 3}0.000{col 57}{space 4} 463.3548{col 70}{space 3} 901.3553
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 814.6038{col 29}{space 2}  115.834{col 40}{space 1}    7.03{col 49}{space 3}0.000{col 57}{space 4} 586.4321{col 70}{space 3} 1042.775
{txt}{space 10}1965  {c |}{col 17}{res}{space 2} 799.8741{col 29}{space 2} 117.7103{col 40}{space 1}    6.80{col 49}{space 3}0.000{col 57}{space 4} 568.0065{col 70}{space 3} 1031.742
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} 796.9531{col 29}{space 2} 118.2495{col 40}{space 1}    6.74{col 49}{space 3}0.000{col 57}{space 4} 564.0235{col 70}{space 3} 1029.883
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 824.1467{col 29}{space 2} 121.3668{col 40}{space 1}    6.79{col 49}{space 3}0.000{col 57}{space 4} 585.0766{col 70}{space 3} 1063.217
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 878.6587{col 29}{space 2} 122.6622{col 40}{space 1}    7.16{col 49}{space 3}0.000{col 57}{space 4} 637.0368{col 70}{space 3} 1120.281
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 872.1964{col 29}{space 2} 127.6665{col 40}{space 1}    6.83{col 49}{space 3}0.000{col 57}{space 4}  620.717{col 70}{space 3} 1123.676
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 630.8451{col 29}{space 2} 132.1016{col 40}{space 1}    4.78{col 49}{space 3}0.000{col 57}{space 4} 370.6295{col 70}{space 3} 891.0608
{txt}{space 10}1971  {c |}{col 17}{res}{space 2} 784.5972{col 29}{space 2} 130.0168{col 40}{space 1}    6.03{col 49}{space 3}0.000{col 57}{space 4} 528.4881{col 70}{space 3} 1040.706
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 1204.372{col 29}{space 2} 134.2886{col 40}{space 1}    8.97{col 49}{space 3}0.000{col 57}{space 4} 939.8486{col 70}{space 3} 1468.896
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 1058.038{col 29}{space 2} 152.3831{col 40}{space 1}    6.94{col 49}{space 3}0.000{col 57}{space 4} 757.8718{col 70}{space 3} 1358.205
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 311.4807{col 29}{space 2} 161.4771{col 40}{space 1}    1.93{col 49}{space 3}0.055{col 57}{space 4}-6.599303{col 70}{space 3} 629.5607
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} 450.0281{col 29}{space 2} 148.7899{col 40}{space 1}    3.02{col 49}{space 3}0.003{col 57}{space 4} 156.9394{col 70}{space 3} 743.1167
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} 1168.974{col 29}{space 2} 144.3276{col 40}{space 1}    8.10{col 49}{space 3}0.000{col 57}{space 4} 884.6757{col 70}{space 3} 1453.273
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} 1027.222{col 29}{space 2} 169.0618{col 40}{space 1}    6.08{col 49}{space 3}0.000{col 57}{space 4} 694.2011{col 70}{space 3} 1360.242
{txt}{space 10}1978  {c |}{col 17}{res}{space 2} 1078.154{col 29}{space 2} 182.3786{col 40}{space 1}    5.91{col 49}{space 3}0.000{col 57}{space 4} 718.9016{col 70}{space 3} 1437.406
{txt}{space 10}1979  {c |}{col 17}{res}{space 2} 580.1894{col 29}{space 2} 177.1247{col 40}{space 1}    3.28{col 49}{space 3}0.001{col 57}{space 4} 231.2865{col 70}{space 3} 929.0923
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 460.6404{col 29}{space 2} 160.6921{col 40}{space 1}    2.87{col 49}{space 3}0.005{col 57}{space 4} 144.1066{col 70}{space 3} 777.1741
{txt}{space 10}1981  {c |}{col 17}{res}{space 2} 944.9779{col 29}{space 2} 160.5383{col 40}{space 1}    5.89{col 49}{space 3}0.000{col 57}{space 4} 628.7471{col 70}{space 3} 1261.209
{txt}{space 10}1982  {c |}{col 17}{res}{space 2} 800.9963{col 29}{space 2} 170.7772{col 40}{space 1}    4.69{col 49}{space 3}0.000{col 57}{space 4} 464.5967{col 70}{space 3} 1137.396
{txt}{space 10}1983  {c |}{col 17}{res}{space 2} 1121.402{col 29}{space 2} 181.9094{col 40}{space 1}    6.16{col 49}{space 3}0.000{col 57}{space 4} 763.0743{col 70}{space 3}  1479.73
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 1359.089{col 29}{space 2} 188.9043{col 40}{space 1}    7.19{col 49}{space 3}0.000{col 57}{space 4} 986.9821{col 70}{space 3} 1731.195
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 1008.742{col 29}{space 2} 194.8887{col 40}{space 1}    5.18{col 49}{space 3}0.000{col 57}{space 4}  624.847{col 70}{space 3} 1392.637
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} 970.7991{col 29}{space 2} 195.9844{col 40}{space 1}    4.95{col 49}{space 3}0.000{col 57}{space 4}  584.746{col 70}{space 3} 1356.852
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 847.7374{col 29}{space 2} 188.0541{col 40}{space 1}    4.51{col 49}{space 3}0.000{col 57}{space 4} 477.3055{col 70}{space 3} 1218.169
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} 1097.904{col 29}{space 2} 189.2321{col 40}{space 1}    5.80{col 49}{space 3}0.000{col 57}{space 4} 725.1518{col 70}{space 3} 1470.656
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 1032.379{col 29}{space 2} 203.1134{col 40}{space 1}    5.08{col 49}{space 3}0.000{col 57}{space 4}  632.283{col 70}{space 3} 1432.475
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}  671.287{col 29}{space 2} 209.8884{col 40}{space 1}    3.20{col 49}{space 3}0.002{col 57}{space 4} 257.8457{col 70}{space 3} 1084.728
{txt}{space 10}1991  {c |}{col 17}{res}{space 2} 616.2376{col 29}{space 2} 210.4438{col 40}{space 1}    2.93{col 49}{space 3}0.004{col 57}{space 4} 201.7023{col 70}{space 3} 1030.773
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 1202.266{col 29}{space 2}  207.527{col 40}{space 1}    5.79{col 49}{space 3}0.000{col 57}{space 4} 793.4761{col 70}{space 3} 1611.056
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 1019.913{col 29}{space 2} 223.5709{col 40}{space 1}    4.56{col 49}{space 3}0.000{col 57}{space 4} 579.5197{col 70}{space 3} 1460.306
{txt}{space 10}1994  {c |}{col 17}{res}{space 2} 1053.194{col 29}{space 2} 232.3904{col 40}{space 1}    4.53{col 49}{space 3}0.000{col 57}{space 4}  595.428{col 70}{space 3}  1510.96
{txt}{space 10}1995  {c |}{col 17}{res}{space 2}  1074.29{col 29}{space 2} 232.5172{col 40}{space 1}    4.62{col 49}{space 3}0.000{col 57}{space 4} 616.2741{col 70}{space 3} 1532.306
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 1135.673{col 29}{space 2} 227.9305{col 40}{space 1}    4.98{col 49}{space 3}0.000{col 57}{space 4} 686.6922{col 70}{space 3} 1584.654
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 1226.591{col 29}{space 2} 235.5228{col 40}{space 1}    5.21{col 49}{space 3}0.000{col 57}{space 4} 762.6548{col 70}{space 3} 1690.528
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 1500.843{col 29}{space 2}  239.955{col 40}{space 1}    6.25{col 49}{space 3}0.000{col 57}{space 4} 1028.176{col 70}{space 3}  1973.51
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 1121.073{col 29}{space 2} 252.7242{col 40}{space 1}    4.44{col 49}{space 3}0.000{col 57}{space 4} 623.2535{col 70}{space 3} 1618.893
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 1342.181{col 29}{space 2} 253.1391{col 40}{space 1}    5.30{col 49}{space 3}0.000{col 57}{space 4} 843.5436{col 70}{space 3} 1840.818
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 897.2392{col 29}{space 2}  258.645{col 40}{space 1}    3.47{col 49}{space 3}0.001{col 57}{space 4} 387.7563{col 70}{space 3} 1406.722
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} 782.8027{col 29}{space 2} 256.7733{col 40}{space 1}    3.05{col 49}{space 3}0.003{col 57}{space 4} 277.0067{col 70}{space 3} 1288.599
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 1067.082{col 29}{space 2} 260.4039{col 40}{space 1}    4.10{col 49}{space 3}0.000{col 57}{space 4} 554.1345{col 70}{space 3}  1580.03
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 1504.113{col 29}{space 2} 265.2541{col 40}{space 1}    5.67{col 49}{space 3}0.000{col 57}{space 4} 981.6117{col 70}{space 3} 2026.615
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 1370.337{col 29}{space 2} 285.0853{col 40}{space 1}    4.81{col 49}{space 3}0.000{col 57}{space 4} 808.7717{col 70}{space 3} 1931.902
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 1308.413{col 29}{space 2} 289.5719{col 40}{space 1}    4.52{col 49}{space 3}0.000{col 57}{space 4} 738.0099{col 70}{space 3} 1878.816
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 1168.024{col 29}{space 2} 286.1167{col 40}{space 1}    4.08{col 49}{space 3}0.000{col 57}{space 4} 604.4269{col 70}{space 3} 1731.621
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 845.0481{col 29}{space 2} 281.8181{col 40}{space 1}    3.00{col 49}{space 3}0.003{col 57}{space 4} 289.9185{col 70}{space 3} 1400.178
{txt}{space 10}2009  {c |}{col 17}{res}{space 2} 103.0431{col 29}{space 2} 281.7585{col 40}{space 1}    0.37{col 49}{space 3}0.715{col 57}{space 4}-451.9689{col 70}{space 3} 658.0552
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} 1348.207{col 29}{space 2} 277.4785{col 40}{space 1}    4.86{col 49}{space 3}0.000{col 57}{space 4} 801.6257{col 70}{space 3} 1894.788
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} -214.628{col 29}{space 2}   125.19{col 40}{space 1}   -1.71{col 49}{space 3}0.088{col 57}{space 4}-461.2292{col 70}{space 3}  31.9731
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. 
. predict allstatesfullincols
{txt}(option {bf:xb} assumed; fitted values)
(245 missing values generated)

{com}. 
. //Political Competition (PC) (5,4)
. 
. newey d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann  l4.d.klarnerranney l3.d.real_pc_inc_ann  i.state_fips i.year if newsouth==1, lag(8) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       320
{txt}maximum lag: {res}8{col 49}{txt}F( 77,       242){col 67}= {res}      4.91
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}  Newey-West
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1335675{col 29}{space 2} .0378664{col 40}{space 1}   -3.53{col 49}{space 3}0.001{col 57}{space 4}-.2081572{col 70}{space 3}-.0589777
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}  .000812{col 29}{space 2} .0007516{col 40}{space 1}    1.08{col 49}{space 3}0.281{col 57}{space 4}-.0006686{col 70}{space 3} .0022925
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-.0448784{col 29}{space 2} .0489234{col 40}{space 1}   -0.92{col 49}{space 3}0.360{col 57}{space 4}-.1412485{col 70}{space 3} .0514917
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} .0004782{col 29}{space 2}  .002332{col 40}{space 1}    0.21{col 49}{space 3}0.838{col 57}{space 4}-.0041153{col 70}{space 3} .0050717
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.1588245{col 29}{space 2} .0782233{col 40}{space 1}   -2.03{col 49}{space 3}0.043{col 57}{space 4}-.3129099{col 70}{space 3} -.004739
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0034074{col 29}{space 2} .0025815{col 40}{space 1}    1.32{col 49}{space 3}0.188{col 57}{space 4}-.0016777{col 70}{space 3} .0084925
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}-.0713864{col 29}{space 2} .0553032{col 40}{space 1}   -1.29{col 49}{space 3}0.198{col 57}{space 4}-.1803236{col 70}{space 3} .0375507
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0026135{col 29}{space 2}  .002474{col 40}{space 1}   -1.06{col 49}{space 3}0.292{col 57}{space 4}-.0074868{col 70}{space 3} .0022597
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L4D. {c |}{col 17}{res}{space 2}-.0119479{col 29}{space 2}  .073589{col 40}{space 1}   -0.16{col 49}{space 3}0.871{col 57}{space 4}-.1569045{col 70}{space 3} .1330088
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0011321{col 29}{space 2} .0027269{col 40}{space 1}    0.42{col 49}{space 3}0.678{col 57}{space 4}-.0042394{col 70}{space 3} .0065035
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2}-.9528836{col 29}{space 2} 1.995673{col 40}{space 1}   -0.48{col 49}{space 3}0.633{col 57}{space 4}-4.883991{col 70}{space 3} 2.978223
{txt}{space 12}37  {c |}{col 17}{res}{space 2} .1855805{col 29}{space 2} 1.938515{col 40}{space 1}    0.10{col 49}{space 3}0.924{col 57}{space 4}-3.632935{col 70}{space 3} 4.004096
{txt}{space 12}48  {c |}{col 17}{res}{space 2}-.9722177{col 29}{space 2} 1.720578{col 40}{space 1}   -0.57{col 49}{space 3}0.573{col 57}{space 4}-4.361438{col 70}{space 3} 2.417003
{txt}{space 12}51  {c |}{col 17}{res}{space 2}-.4295086{col 29}{space 2} 1.256925{col 40}{space 1}   -0.34{col 49}{space 3}0.733{col 57}{space 4}-2.905419{col 70}{space 3} 2.046401
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2}-.7151543{col 29}{space 2} 2.026286{col 40}{space 1}   -0.35{col 49}{space 3}0.724{col 57}{space 4}-4.706563{col 70}{space 3} 3.276255
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-2.129037{col 29}{space 2} 3.071815{col 40}{space 1}   -0.69{col 49}{space 3}0.489{col 57}{space 4}-8.179946{col 70}{space 3} 3.921871
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}-.9726284{col 29}{space 2} 3.273666{col 40}{space 1}   -0.30{col 49}{space 3}0.767{col 57}{space 4}-7.421144{col 70}{space 3} 5.475888
{txt}{space 10}1951  {c |}{col 17}{res}{space 2}-2.492454{col 29}{space 2} 2.805418{col 40}{space 1}   -0.89{col 49}{space 3}0.375{col 57}{space 4}-8.018608{col 70}{space 3}   3.0337
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}-.4797581{col 29}{space 2} 2.336297{col 40}{space 1}   -0.21{col 49}{space 3}0.837{col 57}{space 4}-5.081831{col 70}{space 3} 4.122315
{txt}{space 10}1953  {c |}{col 17}{res}{space 2}-.0441242{col 29}{space 2} 2.310336{col 40}{space 1}   -0.02{col 49}{space 3}0.985{col 57}{space 4}-4.595059{col 70}{space 3}  4.50681
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} -1.22837{col 29}{space 2} 2.100484{col 40}{space 1}   -0.58{col 49}{space 3}0.559{col 57}{space 4}-5.365936{col 70}{space 3} 2.909195
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}-1.585696{col 29}{space 2} 2.432157{col 40}{space 1}   -0.65{col 49}{space 3}0.515{col 57}{space 4}-6.376596{col 70}{space 3} 3.205205
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-2.928105{col 29}{space 2} 2.842738{col 40}{space 1}   -1.03{col 49}{space 3}0.304{col 57}{space 4}-8.527772{col 70}{space 3} 2.671563
{txt}{space 10}1957  {c |}{col 17}{res}{space 2}-.3836329{col 29}{space 2} 2.976675{col 40}{space 1}   -0.13{col 49}{space 3}0.898{col 57}{space 4}-6.247132{col 70}{space 3} 5.479866
{txt}{space 10}1958  {c |}{col 17}{res}{space 2}-1.031854{col 29}{space 2}  1.61164{col 40}{space 1}   -0.64{col 49}{space 3}0.523{col 57}{space 4}-4.206487{col 70}{space 3} 2.142779
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-4.690468{col 29}{space 2}  3.10734{col 40}{space 1}   -1.51{col 49}{space 3}0.132{col 57}{space 4}-10.81135{col 70}{space 3} 1.430418
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-3.072323{col 29}{space 2} 2.954306{col 40}{space 1}   -1.04{col 49}{space 3}0.299{col 57}{space 4}-8.891759{col 70}{space 3} 2.747113
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} .8181794{col 29}{space 2} 3.028254{col 40}{space 1}    0.27{col 49}{space 3}0.787{col 57}{space 4}-5.146921{col 70}{space 3}  6.78328
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}-2.978069{col 29}{space 2} 2.548128{col 40}{space 1}   -1.17{col 49}{space 3}0.244{col 57}{space 4} -7.99741{col 70}{space 3} 2.041272
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 1.032549{col 29}{space 2} 3.123755{col 40}{space 1}    0.33{col 49}{space 3}0.741{col 57}{space 4} -5.12067{col 70}{space 3} 7.185769
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} .5303274{col 29}{space 2} 3.095617{col 40}{space 1}    0.17{col 49}{space 3}0.864{col 57}{space 4}-5.567466{col 70}{space 3} 6.628121
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}-2.077325{col 29}{space 2} 5.247324{col 40}{space 1}   -0.40{col 49}{space 3}0.693{col 57}{space 4}-12.41358{col 70}{space 3} 8.258934
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} .1508838{col 29}{space 2}  3.96076{col 40}{space 1}    0.04{col 49}{space 3}0.970{col 57}{space 4}-7.651082{col 70}{space 3} 7.952849
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 13.49578{col 29}{space 2}  12.0192{col 40}{space 1}    1.12{col 49}{space 3}0.263{col 57}{space 4}-10.17982{col 70}{space 3} 37.17138
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 3.163114{col 29}{space 2} 3.865667{col 40}{space 1}    0.82{col 49}{space 3}0.414{col 57}{space 4}-4.451535{col 70}{space 3} 10.77776
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 2.658257{col 29}{space 2} 5.473641{col 40}{space 1}    0.49{col 49}{space 3}0.628{col 57}{space 4}-8.123805{col 70}{space 3} 13.44032
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 3.302007{col 29}{space 2} 5.198972{col 40}{space 1}    0.64{col 49}{space 3}0.526{col 57}{space 4}-6.939007{col 70}{space 3} 13.54302
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}-3.899116{col 29}{space 2}  4.85918{col 40}{space 1}   -0.80{col 49}{space 3}0.423{col 57}{space 4} -13.4708{col 70}{space 3} 5.672569
{txt}{space 10}1972  {c |}{col 17}{res}{space 2}-1.759635{col 29}{space 2} 4.773302{col 40}{space 1}   -0.37{col 49}{space 3}0.713{col 57}{space 4}-11.16216{col 70}{space 3} 7.642888
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 7.159751{col 29}{space 2} 5.942911{col 40}{space 1}    1.20{col 49}{space 3}0.229{col 57}{space 4}-4.546686{col 70}{space 3} 18.86619
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} .2283079{col 29}{space 2} 5.253924{col 40}{space 1}    0.04{col 49}{space 3}0.965{col 57}{space 4}-10.12095{col 70}{space 3} 10.57757
{txt}{space 10}1975  {c |}{col 17}{res}{space 2}-12.06513{col 29}{space 2} 8.522381{col 40}{space 1}   -1.42{col 49}{space 3}0.158{col 57}{space 4}-28.85264{col 70}{space 3} 4.722389
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-4.708909{col 29}{space 2} 5.768828{col 40}{space 1}   -0.82{col 49}{space 3}0.415{col 57}{space 4}-16.07243{col 70}{space 3} 6.654616
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}-8.159801{col 29}{space 2}   6.3707{col 40}{space 1}   -1.28{col 49}{space 3}0.201{col 57}{space 4} -20.7089{col 70}{space 3}   4.3893
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}-3.778727{col 29}{space 2} 5.849664{col 40}{space 1}   -0.65{col 49}{space 3}0.519{col 57}{space 4}-15.30148{col 70}{space 3} 7.744029
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}-1.504297{col 29}{space 2} 5.837046{col 40}{space 1}   -0.26{col 49}{space 3}0.797{col 57}{space 4} -13.0022{col 70}{space 3} 9.993604
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 1.359719{col 29}{space 2} 5.577019{col 40}{space 1}    0.24{col 49}{space 3}0.808{col 57}{space 4}-9.625978{col 70}{space 3} 12.34542
{txt}{space 10}1981  {c |}{col 17}{res}{space 2} 7.460717{col 29}{space 2} 6.664465{col 40}{space 1}    1.12{col 49}{space 3}0.264{col 57}{space 4}-5.667047{col 70}{space 3} 20.58848
{txt}{space 10}1982  {c |}{col 17}{res}{space 2}  .779619{col 29}{space 2} 6.739794{col 40}{space 1}    0.12{col 49}{space 3}0.908{col 57}{space 4}-12.49653{col 70}{space 3} 14.05577
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-5.813596{col 29}{space 2}  6.23781{col 40}{space 1}   -0.93{col 49}{space 3}0.352{col 57}{space 4}-18.10093{col 70}{space 3} 6.473737
{txt}{space 10}1984  {c |}{col 17}{res}{space 2}-3.272122{col 29}{space 2} 6.598016{col 40}{space 1}   -0.50{col 49}{space 3}0.620{col 57}{space 4}-16.26899{col 70}{space 3}  9.72475
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 5.609888{col 29}{space 2} 8.911689{col 40}{space 1}    0.63{col 49}{space 3}0.530{col 57}{space 4}-11.94449{col 70}{space 3} 23.16427
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} -1.36328{col 29}{space 2} 6.599125{col 40}{space 1}   -0.21{col 49}{space 3}0.837{col 57}{space 4}-14.36234{col 70}{space 3} 11.63578
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 2.148356{col 29}{space 2} 6.897638{col 40}{space 1}    0.31{col 49}{space 3}0.756{col 57}{space 4}-11.43872{col 70}{space 3} 15.73543
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}-.3356049{col 29}{space 2} 6.974416{col 40}{space 1}   -0.05{col 49}{space 3}0.962{col 57}{space 4}-14.07392{col 70}{space 3} 13.40271
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 4.986105{col 29}{space 2} 8.080149{col 40}{space 1}    0.62{col 49}{space 3}0.538{col 57}{space 4} -10.9303{col 70}{space 3}  20.9025
{txt}{space 10}1990  {c |}{col 17}{res}{space 2} .5282939{col 29}{space 2} 7.524931{col 40}{space 1}    0.07{col 49}{space 3}0.944{col 57}{space 4}-14.29443{col 70}{space 3} 15.35102
{txt}{space 10}1991  {c |}{col 17}{res}{space 2} .0927099{col 29}{space 2} 7.186832{col 40}{space 1}    0.01{col 49}{space 3}0.990{col 57}{space 4}-14.06402{col 70}{space 3} 14.24944
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 5.197281{col 29}{space 2} 8.201926{col 40}{space 1}    0.63{col 49}{space 3}0.527{col 57}{space 4}  -10.959{col 70}{space 3} 21.35356
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 5.192291{col 29}{space 2} 8.801016{col 40}{space 1}    0.59{col 49}{space 3}0.556{col 57}{space 4}-12.14408{col 70}{space 3} 22.52867
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}  3.94993{col 29}{space 2} 8.250295{col 40}{space 1}    0.48{col 49}{space 3}0.633{col 57}{space 4}-12.30163{col 70}{space 3} 20.20149
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 14.80398{col 29}{space 2} 9.988867{col 40}{space 1}    1.48{col 49}{space 3}0.140{col 57}{space 4}-4.872237{col 70}{space 3}  34.4802
{txt}{space 10}1996  {c |}{col 17}{res}{space 2}  3.91083{col 29}{space 2} 8.870628{col 40}{space 1}    0.44{col 49}{space 3}0.660{col 57}{space 4}-13.56267{col 70}{space 3} 21.38433
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 5.346898{col 29}{space 2} 9.935201{col 40}{space 1}    0.54{col 49}{space 3}0.591{col 57}{space 4}-14.22361{col 70}{space 3} 24.91741
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 1.986314{col 29}{space 2} 9.253498{col 40}{space 1}    0.21{col 49}{space 3}0.830{col 57}{space 4}-16.24137{col 70}{space 3} 20.21399
{txt}{space 10}1999  {c |}{col 17}{res}{space 2}-5.698112{col 29}{space 2} 11.25143{col 40}{space 1}   -0.51{col 49}{space 3}0.613{col 57}{space 4}-27.86135{col 70}{space 3} 16.46513
{txt}{space 10}2000  {c |}{col 17}{res}{space 2}-.0177042{col 29}{space 2} 9.227867{col 40}{space 1}   -0.00{col 49}{space 3}0.998{col 57}{space 4} -18.1949{col 70}{space 3} 18.15949
{txt}{space 10}2001  {c |}{col 17}{res}{space 2}-3.279072{col 29}{space 2} 9.877488{col 40}{space 1}   -0.33{col 49}{space 3}0.740{col 57}{space 4} -22.7359{col 70}{space 3} 16.17775
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}-2.198644{col 29}{space 2}   9.0639{col 40}{space 1}   -0.24{col 49}{space 3}0.809{col 57}{space 4}-20.05285{col 70}{space 3} 15.65556
{txt}{space 10}2003  {c |}{col 17}{res}{space 2}-1.344845{col 29}{space 2} 11.17749{col 40}{space 1}   -0.12{col 49}{space 3}0.904{col 57}{space 4}-23.36244{col 70}{space 3} 20.67275
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} -1.74964{col 29}{space 2} 10.15798{col 40}{space 1}   -0.17{col 49}{space 3}0.863{col 57}{space 4}-21.75898{col 70}{space 3}  18.2597
{txt}{space 10}2005  {c |}{col 17}{res}{space 2}-5.511471{col 29}{space 2} 10.95838{col 40}{space 1}   -0.50{col 49}{space 3}0.615{col 57}{space 4}-27.09744{col 70}{space 3}  16.0745
{txt}{space 10}2006  {c |}{col 17}{res}{space 2}-2.134411{col 29}{space 2} 10.61701{col 40}{space 1}   -0.20{col 49}{space 3}0.841{col 57}{space 4}-23.04796{col 70}{space 3} 18.77913
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} -3.84972{col 29}{space 2} 10.07719{col 40}{space 1}   -0.38{col 49}{space 3}0.703{col 57}{space 4}-23.69991{col 70}{space 3} 16.00048
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} .5549873{col 29}{space 2} 10.10991{col 40}{space 1}    0.05{col 49}{space 3}0.956{col 57}{space 4}-19.35968{col 70}{space 3} 20.46965
{txt}{space 10}2009  {c |}{col 17}{res}{space 2} .6364384{col 29}{space 2} 10.41858{col 40}{space 1}    0.06{col 49}{space 3}0.951{col 57}{space 4}-19.88625{col 70}{space 3} 21.15912
{txt}{space 10}2010  {c |}{col 17}{res}{space 2}-3.834435{col 29}{space 2} 10.21984{col 40}{space 1}   -0.38{col 49}{space 3}0.708{col 57}{space 4}-23.96563{col 70}{space 3} 16.29676
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-1.714794{col 29}{space 2}  4.66182{col 40}{space 1}   -0.37{col 49}{space 3}0.713{col 57}{space 4}-10.89772{col 70}{space 3}  7.46813
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. predict allstatesfullpc
{txt}(option xb assumed; fitted values)
(245 missing values generated)

{com}. 
. //ols version
. 
. reg d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann  l4.d.klarnerranney l3.d.real_pc_inc_ann  i.state_fips i.year if newsouth==1

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       320
{txt}{hline 13}{c +}{hline 34}   F(77, 242)      = {res}     2.43
{txt}       Model {c |} {res} 8012.27166        77  104.055476   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 10370.7104       242  42.8541753   {txt}R-squared       ={res}    0.4359
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.2564
{txt}       Total {c |} {res} 18382.9821       319  57.6269031   {txt}Root MSE        =   {res} 6.5463

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1335675{col 29}{space 2} .0425656{col 40}{space 1}   -3.14{col 49}{space 3}0.002{col 57}{space 4}-.2174138{col 70}{space 3}-.0497212
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}  .000812{col 29}{space 2} .0008722{col 40}{space 1}    0.93{col 49}{space 3}0.353{col 57}{space 4}-.0009061{col 70}{space 3}   .00253
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-.0448784{col 29}{space 2} .0694926{col 40}{space 1}   -0.65{col 49}{space 3}0.519{col 57}{space 4}-.1817659{col 70}{space 3} .0920091
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} .0004782{col 29}{space 2} .0029699{col 40}{space 1}    0.16{col 49}{space 3}0.872{col 57}{space 4}-.0053719{col 70}{space 3} .0063284
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.1588245{col 29}{space 2} .0683689{col 40}{space 1}   -2.32{col 49}{space 3}0.021{col 57}{space 4}-.2934986{col 70}{space 3}-.0241503
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0034074{col 29}{space 2} .0029347{col 40}{space 1}    1.16{col 49}{space 3}0.247{col 57}{space 4}-.0023733{col 70}{space 3} .0091881
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}-.0713864{col 29}{space 2} .0663866{col 40}{space 1}   -1.08{col 49}{space 3}0.283{col 57}{space 4}-.2021557{col 70}{space 3} .0593828
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0026135{col 29}{space 2} .0031477{col 40}{space 1}   -0.83{col 49}{space 3}0.407{col 57}{space 4} -.008814{col 70}{space 3} .0035869
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L4D. {c |}{col 17}{res}{space 2}-.0119479{col 29}{space 2} .0658537{col 40}{space 1}   -0.18{col 49}{space 3}0.856{col 57}{space 4}-.1416674{col 70}{space 3} .1177717
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0011321{col 29}{space 2} .0032869{col 40}{space 1}    0.34{col 49}{space 3}0.731{col 57}{space 4}-.0053425{col 70}{space 3} .0076066
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2}-.9528836{col 29}{space 2} 1.681512{col 40}{space 1}   -0.57{col 49}{space 3}0.571{col 57}{space 4}-4.265152{col 70}{space 3} 2.359385
{txt}{space 12}37  {c |}{col 17}{res}{space 2} .1855805{col 29}{space 2} 1.717559{col 40}{space 1}    0.11{col 49}{space 3}0.914{col 57}{space 4}-3.197693{col 70}{space 3} 3.568854
{txt}{space 12}48  {c |}{col 17}{res}{space 2}-.9722177{col 29}{space 2} 1.350628{col 40}{space 1}   -0.72{col 49}{space 3}0.472{col 57}{space 4}-3.632705{col 70}{space 3}  1.68827
{txt}{space 12}51  {c |}{col 17}{res}{space 2}-.4295086{col 29}{space 2} 1.228073{col 40}{space 1}   -0.35{col 49}{space 3}0.727{col 57}{space 4}-2.848585{col 70}{space 3} 1.989567
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2}-.7151543{col 29}{space 2} 4.838863{col 40}{space 1}   -0.15{col 49}{space 3}0.883{col 57}{space 4}-10.24682{col 70}{space 3} 8.816511
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-2.129037{col 29}{space 2}  5.66198{col 40}{space 1}   -0.38{col 49}{space 3}0.707{col 57}{space 4}-13.28209{col 70}{space 3} 9.024016
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}-.9726284{col 29}{space 2} 5.824908{col 40}{space 1}   -0.17{col 49}{space 3}0.868{col 57}{space 4}-12.44662{col 70}{space 3} 10.50136
{txt}{space 10}1951  {c |}{col 17}{res}{space 2}-2.492454{col 29}{space 2} 5.167564{col 40}{space 1}   -0.48{col 49}{space 3}0.630{col 57}{space 4} -12.6716{col 70}{space 3} 7.686691
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}-.4797581{col 29}{space 2} 4.918891{col 40}{space 1}   -0.10{col 49}{space 3}0.922{col 57}{space 4}-10.16906{col 70}{space 3} 9.209547
{txt}{space 10}1953  {c |}{col 17}{res}{space 2}-.0441242{col 29}{space 2} 4.747778{col 40}{space 1}   -0.01{col 49}{space 3}0.993{col 57}{space 4}-9.396369{col 70}{space 3} 9.308121
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} -1.22837{col 29}{space 2} 4.768082{col 40}{space 1}   -0.26{col 49}{space 3}0.797{col 57}{space 4}-10.62061{col 70}{space 3}  8.16387
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}-1.585696{col 29}{space 2} 5.051278{col 40}{space 1}   -0.31{col 49}{space 3}0.754{col 57}{space 4}-11.53578{col 70}{space 3} 8.364388
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-2.928105{col 29}{space 2} 5.294397{col 40}{space 1}   -0.55{col 49}{space 3}0.581{col 57}{space 4}-13.35709{col 70}{space 3} 7.500879
{txt}{space 10}1957  {c |}{col 17}{res}{space 2}-.3836329{col 29}{space 2}  4.98964{col 40}{space 1}   -0.08{col 49}{space 3}0.939{col 57}{space 4} -10.2123{col 70}{space 3} 9.445036
{txt}{space 10}1958  {c |}{col 17}{res}{space 2}-1.031854{col 29}{space 2} 4.515668{col 40}{space 1}   -0.23{col 49}{space 3}0.819{col 57}{space 4}-9.926886{col 70}{space 3} 7.863178
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-4.690468{col 29}{space 2}  5.05788{col 40}{space 1}   -0.93{col 49}{space 3}0.355{col 57}{space 4}-14.65356{col 70}{space 3} 5.272621
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-3.072323{col 29}{space 2} 5.308286{col 40}{space 1}   -0.58{col 49}{space 3}0.563{col 57}{space 4}-13.52867{col 70}{space 3} 7.384019
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} .8181794{col 29}{space 2}  5.04449{col 40}{space 1}    0.16{col 49}{space 3}0.871{col 57}{space 4}-9.118534{col 70}{space 3} 10.75489
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}-2.978069{col 29}{space 2} 5.097234{col 40}{space 1}   -0.58{col 49}{space 3}0.560{col 57}{space 4}-13.01868{col 70}{space 3}  7.06254
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 1.032549{col 29}{space 2} 5.387885{col 40}{space 1}    0.19{col 49}{space 3}0.848{col 57}{space 4}-9.580588{col 70}{space 3} 11.64569
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} .5303274{col 29}{space 2} 5.499402{col 40}{space 1}    0.10{col 49}{space 3}0.923{col 57}{space 4}-10.30248{col 70}{space 3} 11.36313
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}-2.077325{col 29}{space 2} 5.622667{col 40}{space 1}   -0.37{col 49}{space 3}0.712{col 57}{space 4}-13.15294{col 70}{space 3} 8.998289
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} .1508838{col 29}{space 2} 5.717605{col 40}{space 1}    0.03{col 49}{space 3}0.979{col 57}{space 4}-11.11174{col 70}{space 3} 11.41351
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 13.49578{col 29}{space 2} 5.761002{col 40}{space 1}    2.34{col 49}{space 3}0.020{col 57}{space 4} 2.147672{col 70}{space 3} 24.84389
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 3.163114{col 29}{space 2} 6.060829{col 40}{space 1}    0.52{col 49}{space 3}0.602{col 57}{space 4}-8.775599{col 70}{space 3} 15.10183
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 2.658257{col 29}{space 2} 6.248824{col 40}{space 1}    0.43{col 49}{space 3}0.671{col 57}{space 4}-9.650772{col 70}{space 3} 14.96729
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 3.302007{col 29}{space 2} 6.154683{col 40}{space 1}    0.54{col 49}{space 3}0.592{col 57}{space 4}-8.821581{col 70}{space 3} 15.42559
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}-3.899116{col 29}{space 2} 6.218734{col 40}{space 1}   -0.63{col 49}{space 3}0.531{col 57}{space 4}-16.14887{col 70}{space 3} 8.350641
{txt}{space 10}1972  {c |}{col 17}{res}{space 2}-1.759635{col 29}{space 2} 7.001007{col 40}{space 1}   -0.25{col 49}{space 3}0.802{col 57}{space 4}-15.55033{col 70}{space 3} 12.03105
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 7.159751{col 29}{space 2} 7.563314{col 40}{space 1}    0.95{col 49}{space 3}0.345{col 57}{space 4} -7.73858{col 70}{space 3} 22.05808
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} .2283079{col 29}{space 2} 7.024433{col 40}{space 1}    0.03{col 49}{space 3}0.974{col 57}{space 4}-13.60853{col 70}{space 3} 14.06514
{txt}{space 10}1975  {c |}{col 17}{res}{space 2}-12.06513{col 29}{space 2} 6.458955{col 40}{space 1}   -1.87{col 49}{space 3}0.063{col 57}{space 4}-24.78807{col 70}{space 3} .6578206
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-4.708909{col 29}{space 2} 7.420574{col 40}{space 1}   -0.63{col 49}{space 3}0.526{col 57}{space 4}-19.32607{col 70}{space 3} 9.908251
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}-8.159801{col 29}{space 2} 8.277226{col 40}{space 1}   -0.99{col 49}{space 3}0.325{col 57}{space 4}-24.46441{col 70}{space 3} 8.144803
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}-3.778727{col 29}{space 2} 8.288722{col 40}{space 1}   -0.46{col 49}{space 3}0.649{col 57}{space 4}-20.10598{col 70}{space 3} 12.54852
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}-1.504297{col 29}{space 2} 7.585309{col 40}{space 1}   -0.20{col 49}{space 3}0.843{col 57}{space 4}-16.44595{col 70}{space 3} 13.43736
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 1.359719{col 29}{space 2} 7.213556{col 40}{space 1}    0.19{col 49}{space 3}0.851{col 57}{space 4}-12.84965{col 70}{space 3} 15.56909
{txt}{space 10}1981  {c |}{col 17}{res}{space 2} 7.460717{col 29}{space 2} 7.483892{col 40}{space 1}    1.00{col 49}{space 3}0.320{col 57}{space 4}-7.281166{col 70}{space 3}  22.2026
{txt}{space 10}1982  {c |}{col 17}{res}{space 2}  .779619{col 29}{space 2} 8.073525{col 40}{space 1}    0.10{col 49}{space 3}0.923{col 57}{space 4}-15.12373{col 70}{space 3} 16.68297
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-5.813596{col 29}{space 2} 8.446541{col 40}{space 1}   -0.69{col 49}{space 3}0.492{col 57}{space 4}-22.45172{col 70}{space 3} 10.82453
{txt}{space 10}1984  {c |}{col 17}{res}{space 2}-3.272122{col 29}{space 2} 8.831964{col 40}{space 1}   -0.37{col 49}{space 3}0.711{col 57}{space 4}-20.66946{col 70}{space 3} 14.12521
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 5.609888{col 29}{space 2} 9.056696{col 40}{space 1}    0.62{col 49}{space 3}0.536{col 57}{space 4}-12.23013{col 70}{space 3}  23.4499
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} -1.36328{col 29}{space 2} 8.729857{col 40}{space 1}   -0.16{col 49}{space 3}0.876{col 57}{space 4}-18.55948{col 70}{space 3} 15.83293
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 2.148356{col 29}{space 2} 8.689612{col 40}{space 1}    0.25{col 49}{space 3}0.805{col 57}{space 4}-14.96857{col 70}{space 3} 19.26529
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}-.3356049{col 29}{space 2} 9.152984{col 40}{space 1}   -0.04{col 49}{space 3}0.971{col 57}{space 4}-18.36529{col 70}{space 3} 17.69408
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 4.986105{col 29}{space 2} 9.473675{col 40}{space 1}    0.53{col 49}{space 3}0.599{col 57}{space 4}-13.67528{col 70}{space 3} 23.64749
{txt}{space 10}1990  {c |}{col 17}{res}{space 2} .5282939{col 29}{space 2} 9.513784{col 40}{space 1}    0.06{col 49}{space 3}0.956{col 57}{space 4} -18.2121{col 70}{space 3} 19.26869
{txt}{space 10}1991  {c |}{col 17}{res}{space 2} .0927099{col 29}{space 2} 9.227503{col 40}{space 1}    0.01{col 49}{space 3}0.992{col 57}{space 4}-18.08376{col 70}{space 3} 18.26918
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 5.197281{col 29}{space 2} 9.856093{col 40}{space 1}    0.53{col 49}{space 3}0.598{col 57}{space 4} -14.2174{col 70}{space 3} 24.61196
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 5.192291{col 29}{space 2} 10.38024{col 40}{space 1}    0.50{col 49}{space 3}0.617{col 57}{space 4}-15.25486{col 70}{space 3} 25.63944
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}  3.94993{col 29}{space 2} 10.44133{col 40}{space 1}    0.38{col 49}{space 3}0.706{col 57}{space 4}-16.61756{col 70}{space 3} 24.51742
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 14.80398{col 29}{space 2} 10.19675{col 40}{space 1}    1.45{col 49}{space 3}0.148{col 57}{space 4}-5.281738{col 70}{space 3}  34.8897
{txt}{space 10}1996  {c |}{col 17}{res}{space 2}  3.91083{col 29}{space 2} 10.60943{col 40}{space 1}    0.37{col 49}{space 3}0.713{col 57}{space 4}-16.98778{col 70}{space 3} 24.80944
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 5.346898{col 29}{space 2} 10.84091{col 40}{space 1}    0.49{col 49}{space 3}0.622{col 57}{space 4}-16.00769{col 70}{space 3} 26.70149
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 1.986314{col 29}{space 2} 11.47488{col 40}{space 1}    0.17{col 49}{space 3}0.863{col 57}{space 4}-20.61707{col 70}{space 3}  24.5897
{txt}{space 10}1999  {c |}{col 17}{res}{space 2}-5.698112{col 29}{space 2} 11.60255{col 40}{space 1}   -0.49{col 49}{space 3}0.624{col 57}{space 4}-28.55299{col 70}{space 3} 17.15676
{txt}{space 10}2000  {c |}{col 17}{res}{space 2}-.0177042{col 29}{space 2} 11.86527{col 40}{space 1}   -0.00{col 49}{space 3}0.999{col 57}{space 4}-23.39008{col 70}{space 3} 23.35468
{txt}{space 10}2001  {c |}{col 17}{res}{space 2}-3.279072{col 29}{space 2} 11.78228{col 40}{space 1}   -0.28{col 49}{space 3}0.781{col 57}{space 4}-26.48799{col 70}{space 3} 19.92984
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}-2.198644{col 29}{space 2} 11.85352{col 40}{space 1}   -0.19{col 49}{space 3}0.853{col 57}{space 4} -25.5479{col 70}{space 3} 21.15061
{txt}{space 10}2003  {c |}{col 17}{res}{space 2}-1.344845{col 29}{space 2} 11.93549{col 40}{space 1}   -0.11{col 49}{space 3}0.910{col 57}{space 4}-24.85556{col 70}{space 3} 22.16587
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} -1.74964{col 29}{space 2} 12.80563{col 40}{space 1}   -0.14{col 49}{space 3}0.891{col 57}{space 4}-26.97437{col 70}{space 3} 23.47509
{txt}{space 10}2005  {c |}{col 17}{res}{space 2}-5.511471{col 29}{space 2} 13.14289{col 40}{space 1}   -0.42{col 49}{space 3}0.675{col 57}{space 4}-31.40053{col 70}{space 3} 20.37759
{txt}{space 10}2006  {c |}{col 17}{res}{space 2}-2.134411{col 29}{space 2} 13.03956{col 40}{space 1}   -0.16{col 49}{space 3}0.870{col 57}{space 4}-27.81994{col 70}{space 3} 23.55112
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} -3.84972{col 29}{space 2} 12.82279{col 40}{space 1}   -0.30{col 49}{space 3}0.764{col 57}{space 4}-29.10824{col 70}{space 3}  21.4088
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} .5549873{col 29}{space 2} 12.76856{col 40}{space 1}    0.04{col 49}{space 3}0.965{col 57}{space 4}-24.59671{col 70}{space 3} 25.70668
{txt}{space 10}2009  {c |}{col 17}{res}{space 2} .6364384{col 29}{space 2} 12.44701{col 40}{space 1}    0.05{col 49}{space 3}0.959{col 57}{space 4}-23.88186{col 70}{space 3} 25.15474
{txt}{space 10}2010  {c |}{col 17}{res}{space 2}-3.834435{col 29}{space 2}  12.9428{col 40}{space 1}   -0.30{col 49}{space 3}0.767{col 57}{space 4}-29.32935{col 70}{space 3} 21.66048
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-1.714794{col 29}{space 2} 5.818354{col 40}{space 1}   -0.29{col 49}{space 3}0.768{col 57}{space 4}-13.17587{col 70}{space 3} 9.746287
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. 
. predict allstatesfullpcols
{txt}(option {bf:xb} assumed; fitted values)
(245 missing values generated)

{com}. 
. 
. //Reduce (4,3) to (5,4)
. 
. 
. newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney i.state_fips i.year if allstatesfullinc!=. & newsouth==1, lag(8) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       320
{txt}maximum lag: {res}8{col 49}{txt}F( 75,       244){col 67}= {res}    110.47
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}{col 29}  Newey-West
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.0443403{col 29}{space 2}  .025522{col 40}{space 1}   -1.74{col 49}{space 3}0.084{col 57}{space 4}-.0946117{col 70}{space 3} .0059312
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.9017756{col 29}{space 2} .8808708{col 40}{space 1}   -1.02{col 49}{space 3}0.307{col 57}{space 4}-2.636857{col 70}{space 3} .8333055
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .1387287{col 29}{space 2} .0998574{col 40}{space 1}    1.39{col 49}{space 3}0.166{col 57}{space 4}-.0579638{col 70}{space 3} .3354211
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} .1788069{col 29}{space 2}  1.02697{col 40}{space 1}    0.17{col 49}{space 3}0.862{col 57}{space 4}-1.844052{col 70}{space 3} 2.201666
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .2430102{col 29}{space 2} .0563596{col 40}{space 1}    4.31{col 49}{space 3}0.000{col 57}{space 4} .1319968{col 70}{space 3} .3540237
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .9635468{col 29}{space 2}  1.12692{col 40}{space 1}    0.86{col 49}{space 3}0.393{col 57}{space 4}-1.256186{col 70}{space 3}  3.18328
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0418728{col 29}{space 2} .0854625{col 40}{space 1}    0.49{col 49}{space 3}0.625{col 57}{space 4}-.1264655{col 70}{space 3} .2102111
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} 1.334744{col 29}{space 2} 1.318228{col 40}{space 1}    1.01{col 49}{space 3}0.312{col 57}{space 4}-1.261816{col 70}{space 3} 3.931303
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2}-63.50711{col 29}{space 2} 40.36728{col 40}{space 1}   -1.57{col 49}{space 3}0.117{col 57}{space 4}-143.0199{col 70}{space 3}  16.0057
{txt}{space 12}37  {c |}{col 17}{res}{space 2}-68.30918{col 29}{space 2} 41.93045{col 40}{space 1}   -1.63{col 49}{space 3}0.105{col 57}{space 4} -150.901{col 70}{space 3} 14.28264
{txt}{space 12}48  {c |}{col 17}{res}{space 2}-28.73114{col 29}{space 2} 34.70627{col 40}{space 1}   -0.83{col 49}{space 3}0.409{col 57}{space 4}-97.09325{col 70}{space 3} 39.63098
{txt}{space 12}51  {c |}{col 17}{res}{space 2} 51.46771{col 29}{space 2} 26.16968{col 40}{space 1}    1.97{col 49}{space 3}0.050{col 57}{space 4}-.0795948{col 70}{space 3}  103.015
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2} 644.1989{col 29}{space 2} 119.7919{col 40}{space 1}    5.38{col 49}{space 3}0.000{col 57}{space 4} 408.2407{col 70}{space 3} 880.1571
{txt}{space 10}1949  {c |}{col 17}{res}{space 2} 643.5809{col 29}{space 2}  141.862{col 40}{space 1}    4.54{col 49}{space 3}0.000{col 57}{space 4} 364.1505{col 70}{space 3} 923.0114
{txt}{space 10}1950  {c |}{col 17}{res}{space 2} 816.6961{col 29}{space 2} 147.1943{col 40}{space 1}    5.55{col 49}{space 3}0.000{col 57}{space 4} 526.7625{col 70}{space 3}  1106.63
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} 523.3976{col 29}{space 2} 130.9221{col 40}{space 1}    4.00{col 49}{space 3}0.000{col 57}{space 4} 265.5159{col 70}{space 3} 781.2793
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} 526.2718{col 29}{space 2}  118.822{col 40}{space 1}    4.43{col 49}{space 3}0.000{col 57}{space 4}  292.224{col 70}{space 3} 760.3196
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 549.3543{col 29}{space 2} 128.6378{col 40}{space 1}    4.27{col 49}{space 3}0.000{col 57}{space 4} 295.9719{col 70}{space 3} 802.7366
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} 442.8853{col 29}{space 2} 120.3489{col 40}{space 1}    3.68{col 49}{space 3}0.000{col 57}{space 4}   205.83{col 70}{space 3} 679.9406
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} 807.9154{col 29}{space 2} 118.9182{col 40}{space 1}    6.79{col 49}{space 3}0.000{col 57}{space 4} 573.6782{col 70}{space 3} 1042.153
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} 676.4453{col 29}{space 2} 129.3363{col 40}{space 1}    5.23{col 49}{space 3}0.000{col 57}{space 4} 421.6871{col 70}{space 3} 931.2034
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 306.4573{col 29}{space 2}  132.646{col 40}{space 1}    2.31{col 49}{space 3}0.022{col 57}{space 4} 45.17994{col 70}{space 3} 567.7347
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} 453.6512{col 29}{space 2} 123.7827{col 40}{space 1}    3.66{col 49}{space 3}0.000{col 57}{space 4} 209.8322{col 70}{space 3} 697.4702
{txt}{space 10}1959  {c |}{col 17}{res}{space 2} 767.9303{col 29}{space 2} 115.1244{col 40}{space 1}    6.67{col 49}{space 3}0.000{col 57}{space 4} 541.1658{col 70}{space 3} 994.6948
{txt}{space 10}1960  {c |}{col 17}{res}{space 2} 515.7923{col 29}{space 2} 128.0163{col 40}{space 1}    4.03{col 49}{space 3}0.000{col 57}{space 4} 263.6343{col 70}{space 3} 767.9503
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} 572.1877{col 29}{space 2} 126.1678{col 40}{space 1}    4.54{col 49}{space 3}0.000{col 57}{space 4} 323.6706{col 70}{space 3} 820.7047
{txt}{space 10}1962  {c |}{col 17}{res}{space 2} 719.2525{col 29}{space 2} 118.1975{col 40}{space 1}    6.09{col 49}{space 3}0.000{col 57}{space 4} 486.4349{col 70}{space 3} 952.0701
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 693.9573{col 29}{space 2} 129.9164{col 40}{space 1}    5.34{col 49}{space 3}0.000{col 57}{space 4} 438.0565{col 70}{space 3} 949.8581
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 837.2066{col 29}{space 2}  124.683{col 40}{space 1}    6.71{col 49}{space 3}0.000{col 57}{space 4} 591.6143{col 70}{space 3} 1082.799
{txt}{space 10}1965  {c |}{col 17}{res}{space 2} 817.5416{col 29}{space 2} 131.3837{col 40}{space 1}    6.22{col 49}{space 3}0.000{col 57}{space 4} 558.7507{col 70}{space 3} 1076.332
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} 814.3691{col 29}{space 2} 142.9015{col 40}{space 1}    5.70{col 49}{space 3}0.000{col 57}{space 4} 532.8911{col 70}{space 3} 1095.847
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 843.2977{col 29}{space 2} 134.5916{col 40}{space 1}    6.27{col 49}{space 3}0.000{col 57}{space 4} 578.1882{col 70}{space 3} 1108.407
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 892.7068{col 29}{space 2} 138.2867{col 40}{space 1}    6.46{col 49}{space 3}0.000{col 57}{space 4} 620.3188{col 70}{space 3} 1165.095
{txt}{space 10}1969  {c |}{col 17}{res}{space 2}   887.01{col 29}{space 2} 153.0742{col 40}{space 1}    5.79{col 49}{space 3}0.000{col 57}{space 4} 585.4945{col 70}{space 3} 1188.525
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 654.9142{col 29}{space 2} 158.4746{col 40}{space 1}    4.13{col 49}{space 3}0.000{col 57}{space 4} 342.7613{col 70}{space 3}  967.067
{txt}{space 10}1971  {c |}{col 17}{res}{space 2} 799.3053{col 29}{space 2} 152.7516{col 40}{space 1}    5.23{col 49}{space 3}0.000{col 57}{space 4} 498.4252{col 70}{space 3} 1100.185
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 1214.696{col 29}{space 2} 158.2614{col 40}{space 1}    7.68{col 49}{space 3}0.000{col 57}{space 4} 902.9634{col 70}{space 3} 1526.429
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 1069.373{col 29}{space 2} 179.9772{col 40}{space 1}    5.94{col 49}{space 3}0.000{col 57}{space 4} 714.8659{col 70}{space 3}  1423.88
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 330.4075{col 29}{space 2} 194.8568{col 40}{space 1}    1.70{col 49}{space 3}0.091{col 57}{space 4}-53.40852{col 70}{space 3} 714.2236
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} 471.8612{col 29}{space 2} 197.3348{col 40}{space 1}    2.39{col 49}{space 3}0.018{col 57}{space 4} 83.16415{col 70}{space 3} 860.5583
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} 1182.081{col 29}{space 2} 171.8947{col 40}{space 1}    6.88{col 49}{space 3}0.000{col 57}{space 4} 843.4939{col 70}{space 3} 1520.668
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} 1032.525{col 29}{space 2} 201.4739{col 40}{space 1}    5.12{col 49}{space 3}0.000{col 57}{space 4} 635.6755{col 70}{space 3} 1429.375
{txt}{space 10}1978  {c |}{col 17}{res}{space 2} 1098.604{col 29}{space 2} 211.5839{col 40}{space 1}    5.19{col 49}{space 3}0.000{col 57}{space 4} 681.8399{col 70}{space 3} 1515.368
{txt}{space 10}1979  {c |}{col 17}{res}{space 2} 612.5349{col 29}{space 2} 198.9517{col 40}{space 1}    3.08{col 49}{space 3}0.002{col 57}{space 4}  220.653{col 70}{space 3} 1004.417
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 478.6173{col 29}{space 2} 208.0569{col 40}{space 1}    2.30{col 49}{space 3}0.022{col 57}{space 4} 68.80061{col 70}{space 3}  888.434
{txt}{space 10}1981  {c |}{col 17}{res}{space 2} 968.8926{col 29}{space 2} 215.8039{col 40}{space 1}    4.49{col 49}{space 3}0.000{col 57}{space 4} 543.8163{col 70}{space 3} 1393.969
{txt}{space 10}1982  {c |}{col 17}{res}{space 2} 816.6659{col 29}{space 2} 209.6654{col 40}{space 1}    3.90{col 49}{space 3}0.000{col 57}{space 4} 403.6807{col 70}{space 3} 1229.651
{txt}{space 10}1983  {c |}{col 17}{res}{space 2} 1151.683{col 29}{space 2} 211.8867{col 40}{space 1}    5.44{col 49}{space 3}0.000{col 57}{space 4} 734.3225{col 70}{space 3} 1569.043
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 1397.626{col 29}{space 2} 208.6585{col 40}{space 1}    6.70{col 49}{space 3}0.000{col 57}{space 4} 986.6242{col 70}{space 3} 1808.628
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 1031.161{col 29}{space 2} 231.4918{col 40}{space 1}    4.45{col 49}{space 3}0.000{col 57}{space 4} 575.1834{col 70}{space 3} 1487.138
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} 998.5202{col 29}{space 2} 226.5606{col 40}{space 1}    4.41{col 49}{space 3}0.000{col 57}{space 4} 552.2561{col 70}{space 3} 1444.784
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 868.5632{col 29}{space 2} 224.7243{col 40}{space 1}    3.87{col 49}{space 3}0.000{col 57}{space 4}  425.916{col 70}{space 3}  1311.21
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} 1117.705{col 29}{space 2} 237.5145{col 40}{space 1}    4.71{col 49}{space 3}0.000{col 57}{space 4} 649.8647{col 70}{space 3} 1585.546
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 1052.611{col 29}{space 2} 254.4433{col 40}{space 1}    4.14{col 49}{space 3}0.000{col 57}{space 4} 551.4251{col 70}{space 3} 1553.796
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}   694.71{col 29}{space 2} 282.9921{col 40}{space 1}    2.45{col 49}{space 3}0.015{col 57}{space 4} 137.2908{col 70}{space 3} 1252.129
{txt}{space 10}1991  {c |}{col 17}{res}{space 2} 645.1309{col 29}{space 2} 261.5671{col 40}{space 1}    2.47{col 49}{space 3}0.014{col 57}{space 4} 129.9133{col 70}{space 3} 1160.348
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 1228.217{col 29}{space 2} 262.8637{col 40}{space 1}    4.67{col 49}{space 3}0.000{col 57}{space 4} 710.4455{col 70}{space 3} 1745.988
{txt}{space 10}1993  {c |}{col 17}{res}{space 2}  1041.11{col 29}{space 2}  273.725{col 40}{space 1}    3.80{col 49}{space 3}0.000{col 57}{space 4} 501.9451{col 70}{space 3} 1580.276
{txt}{space 10}1994  {c |}{col 17}{res}{space 2} 1086.163{col 29}{space 2} 288.1911{col 40}{space 1}    3.77{col 49}{space 3}0.000{col 57}{space 4} 518.5032{col 70}{space 3} 1653.823
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 1116.922{col 29}{space 2} 271.2803{col 40}{space 1}    4.12{col 49}{space 3}0.000{col 57}{space 4} 582.5723{col 70}{space 3} 1651.272
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 1163.576{col 29}{space 2}  283.419{col 40}{space 1}    4.11{col 49}{space 3}0.000{col 57}{space 4} 605.3158{col 70}{space 3} 1721.836
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 1255.711{col 29}{space 2} 293.0888{col 40}{space 1}    4.28{col 49}{space 3}0.000{col 57}{space 4} 678.4037{col 70}{space 3} 1833.018
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 1533.743{col 29}{space 2} 291.9781{col 40}{space 1}    5.25{col 49}{space 3}0.000{col 57}{space 4} 958.6239{col 70}{space 3} 2108.862
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 1143.488{col 29}{space 2} 297.5324{col 40}{space 1}    3.84{col 49}{space 3}0.000{col 57}{space 4} 557.4284{col 70}{space 3} 1729.548
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 1366.635{col 29}{space 2} 310.8989{col 40}{space 1}    4.40{col 49}{space 3}0.000{col 57}{space 4} 754.2464{col 70}{space 3} 1979.023
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 918.4661{col 29}{space 2} 287.0728{col 40}{space 1}    3.20{col 49}{space 3}0.002{col 57}{space 4}  353.009{col 70}{space 3} 1483.923
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} 792.7193{col 29}{space 2}  330.848{col 40}{space 1}    2.40{col 49}{space 3}0.017{col 57}{space 4} 141.0366{col 70}{space 3} 1444.402
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 1093.391{col 29}{space 2} 301.1859{col 40}{space 1}    3.63{col 49}{space 3}0.000{col 57}{space 4} 500.1348{col 70}{space 3} 1686.647
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 1519.357{col 29}{space 2} 340.3331{col 40}{space 1}    4.46{col 49}{space 3}0.000{col 57}{space 4} 848.9917{col 70}{space 3} 2189.723
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 1399.855{col 29}{space 2}  364.573{col 40}{space 1}    3.84{col 49}{space 3}0.000{col 57}{space 4} 681.7435{col 70}{space 3} 2117.967
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 1347.286{col 29}{space 2} 342.4443{col 40}{space 1}    3.93{col 49}{space 3}0.000{col 57}{space 4} 672.7614{col 70}{space 3}  2021.81
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 1204.743{col 29}{space 2} 334.7616{col 40}{space 1}    3.60{col 49}{space 3}0.000{col 57}{space 4} 545.3518{col 70}{space 3} 1864.134
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 868.4273{col 29}{space 2} 428.8778{col 40}{space 1}    2.02{col 49}{space 3}0.044{col 57}{space 4} 23.65205{col 70}{space 3} 1713.202
{txt}{space 10}2009  {c |}{col 17}{res}{space 2} 132.0781{col 29}{space 2} 334.8202{col 40}{space 1}    0.39{col 49}{space 3}0.694{col 57}{space 4}-527.4287{col 70}{space 3} 791.5848
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} 1375.804{col 29}{space 2} 365.9832{col 40}{space 1}    3.76{col 49}{space 3}0.000{col 57}{space 4} 654.9144{col 70}{space 3} 2096.694
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-220.2889{col 29}{space 2} 178.8224{col 40}{space 1}   -1.23{col 49}{space 3}0.219{col 57}{space 4}-572.5214{col 70}{space 3} 131.9436
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. reg d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney i.state_fips i.year if allstatesfullincols!=. & newsouth==1

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       320
{txt}{hline 13}{c +}{hline 34}   F(75, 244)      = {res}    15.59
{txt}       Model {c |} {res} 23321416.8        75  310952.224   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res}  4866477.4       244  19944.5795   {txt}R-squared       ={res}    0.8274
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.7743
{txt}       Total {c |} {res} 28187894.2       319  88363.3048   {txt}Root MSE        =   {res} 141.23

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.0443403{col 29}{space 2} .0186067{col 40}{space 1}   -2.38{col 49}{space 3}0.018{col 57}{space 4}-.0809904{col 70}{space 3}-.0076901
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.9017756{col 29}{space 2} .8820315{col 40}{space 1}   -1.02{col 49}{space 3}0.308{col 57}{space 4}-2.639143{col 70}{space 3} .8355919
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .1387287{col 29}{space 2} .0627448{col 40}{space 1}    2.21{col 49}{space 3}0.028{col 57}{space 4} .0151381{col 70}{space 3} .2623192
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} .1788069{col 29}{space 2} 1.383432{col 40}{space 1}    0.13{col 49}{space 3}0.897{col 57}{space 4}-2.546186{col 70}{space 3}   2.9038
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .2430102{col 29}{space 2} .0659826{col 40}{space 1}    3.68{col 49}{space 3}0.000{col 57}{space 4}  .113042{col 70}{space 3} .3729785
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .9635468{col 29}{space 2} 1.401499{col 40}{space 1}    0.69{col 49}{space 3}0.492{col 57}{space 4}-1.797033{col 70}{space 3} 3.724127
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0418728{col 29}{space 2} .0708636{col 40}{space 1}    0.59{col 49}{space 3}0.555{col 57}{space 4}-.0977096{col 70}{space 3} .1814552
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} 1.334744{col 29}{space 2} 1.398238{col 40}{space 1}    0.95{col 49}{space 3}0.341{col 57}{space 4}-1.419413{col 70}{space 3}   4.0889
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2}-63.50711{col 29}{space 2} 35.45546{col 40}{space 1}   -1.79{col 49}{space 3}0.075{col 57}{space 4}-133.3449{col 70}{space 3} 6.330708
{txt}{space 12}37  {c |}{col 17}{res}{space 2}-68.30918{col 29}{space 2} 36.59991{col 40}{space 1}   -1.87{col 49}{space 3}0.063{col 57}{space 4}-140.4013{col 70}{space 3} 3.782896
{txt}{space 12}48  {c |}{col 17}{res}{space 2}-28.73114{col 29}{space 2} 28.69143{col 40}{space 1}   -1.00{col 49}{space 3}0.318{col 57}{space 4}-85.24562{col 70}{space 3} 27.78335
{txt}{space 12}51  {c |}{col 17}{res}{space 2} 51.46771{col 29}{space 2} 26.29414{col 40}{space 1}    1.96{col 49}{space 3}0.051{col 57}{space 4}-.3247424{col 70}{space 3} 103.2602
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2} 644.1989{col 29}{space 2} 95.83422{col 40}{space 1}    6.72{col 49}{space 3}0.000{col 57}{space 4}  455.431{col 70}{space 3} 832.9668
{txt}{space 10}1949  {c |}{col 17}{res}{space 2} 643.5809{col 29}{space 2} 114.9731{col 40}{space 1}    5.60{col 49}{space 3}0.000{col 57}{space 4} 417.1145{col 70}{space 3} 870.0474
{txt}{space 10}1950  {c |}{col 17}{res}{space 2} 816.6961{col 29}{space 2} 114.1816{col 40}{space 1}    7.15{col 49}{space 3}0.000{col 57}{space 4} 591.7887{col 70}{space 3} 1041.604
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} 523.3976{col 29}{space 2} 106.1844{col 40}{space 1}    4.93{col 49}{space 3}0.000{col 57}{space 4} 314.2426{col 70}{space 3} 732.5526
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} 526.2718{col 29}{space 2}  100.439{col 40}{space 1}    5.24{col 49}{space 3}0.000{col 57}{space 4} 328.4336{col 70}{space 3}   724.11
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 549.3543{col 29}{space 2} 96.04695{col 40}{space 1}    5.72{col 49}{space 3}0.000{col 57}{space 4} 360.1673{col 70}{space 3} 738.5412
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} 442.8853{col 29}{space 2} 98.78749{col 40}{space 1}    4.48{col 49}{space 3}0.000{col 57}{space 4} 248.3003{col 70}{space 3} 637.4704
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} 807.9154{col 29}{space 2} 95.84814{col 40}{space 1}    8.43{col 49}{space 3}0.000{col 57}{space 4}   619.12{col 70}{space 3} 996.7107
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} 676.4453{col 29}{space 2} 105.6969{col 40}{space 1}    6.40{col 49}{space 3}0.000{col 57}{space 4} 468.2504{col 70}{space 3} 884.6401
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 306.4573{col 29}{space 2} 105.6929{col 40}{space 1}    2.90{col 49}{space 3}0.004{col 57}{space 4}  98.2704{col 70}{space 3} 514.6442
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} 453.6512{col 29}{space 2}    92.79{col 40}{space 1}    4.89{col 49}{space 3}0.000{col 57}{space 4} 270.8796{col 70}{space 3} 636.4228
{txt}{space 10}1959  {c |}{col 17}{res}{space 2} 767.9303{col 29}{space 2} 97.46106{col 40}{space 1}    7.88{col 49}{space 3}0.000{col 57}{space 4} 575.9579{col 70}{space 3} 959.9027
{txt}{space 10}1960  {c |}{col 17}{res}{space 2} 515.7923{col 29}{space 2} 109.6126{col 40}{space 1}    4.71{col 49}{space 3}0.000{col 57}{space 4} 299.8846{col 70}{space 3} 731.6999
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} 572.1877{col 29}{space 2} 102.3231{col 40}{space 1}    5.59{col 49}{space 3}0.000{col 57}{space 4} 370.6385{col 70}{space 3} 773.7369
{txt}{space 10}1962  {c |}{col 17}{res}{space 2} 719.2525{col 29}{space 2} 99.52221{col 40}{space 1}    7.23{col 49}{space 3}0.000{col 57}{space 4} 523.2202{col 70}{space 3} 915.2848
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 693.9573{col 29}{space 2} 107.0946{col 40}{space 1}    6.48{col 49}{space 3}0.000{col 57}{space 4} 483.0095{col 70}{space 3} 904.9052
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 837.2066{col 29}{space 2} 105.7769{col 40}{space 1}    7.91{col 49}{space 3}0.000{col 57}{space 4} 628.8542{col 70}{space 3} 1045.559
{txt}{space 10}1965  {c |}{col 17}{res}{space 2} 817.5416{col 29}{space 2}  109.191{col 40}{space 1}    7.49{col 49}{space 3}0.000{col 57}{space 4} 602.4643{col 70}{space 3} 1032.619
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} 814.3691{col 29}{space 2}  111.595{col 40}{space 1}    7.30{col 49}{space 3}0.000{col 57}{space 4} 594.5566{col 70}{space 3} 1034.182
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 843.2977{col 29}{space 2} 113.3995{col 40}{space 1}    7.44{col 49}{space 3}0.000{col 57}{space 4} 619.9308{col 70}{space 3} 1066.665
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 892.7068{col 29}{space 2} 117.4903{col 40}{space 1}    7.60{col 49}{space 3}0.000{col 57}{space 4} 661.2822{col 70}{space 3} 1124.131
{txt}{space 10}1969  {c |}{col 17}{res}{space 2}   887.01{col 29}{space 2} 122.0693{col 40}{space 1}    7.27{col 49}{space 3}0.000{col 57}{space 4}  646.566{col 70}{space 3} 1127.454
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 654.9142{col 29}{space 2}  125.701{col 40}{space 1}    5.21{col 49}{space 3}0.000{col 57}{space 4} 407.3167{col 70}{space 3} 902.5117
{txt}{space 10}1971  {c |}{col 17}{res}{space 2} 799.3053{col 29}{space 2} 123.1926{col 40}{space 1}    6.49{col 49}{space 3}0.000{col 57}{space 4} 556.6487{col 70}{space 3} 1041.962
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 1214.696{col 29}{space 2} 128.3569{col 40}{space 1}    9.46{col 49}{space 3}0.000{col 57}{space 4} 961.8674{col 70}{space 3} 1467.525
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 1069.373{col 29}{space 2} 147.3057{col 40}{space 1}    7.26{col 49}{space 3}0.000{col 57}{space 4}   779.22{col 70}{space 3} 1359.526
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 330.4075{col 29}{space 2} 148.2468{col 40}{space 1}    2.23{col 49}{space 3}0.027{col 57}{space 4}  38.4008{col 70}{space 3} 622.4143
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} 471.8612{col 29}{space 2} 135.0579{col 40}{space 1}    3.49{col 49}{space 3}0.001{col 57}{space 4} 205.8331{col 70}{space 3} 737.8894
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} 1182.081{col 29}{space 2} 140.7642{col 40}{space 1}    8.40{col 49}{space 3}0.000{col 57}{space 4} 904.8127{col 70}{space 3} 1459.349
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} 1032.525{col 29}{space 2} 165.1979{col 40}{space 1}    6.25{col 49}{space 3}0.000{col 57}{space 4} 707.1295{col 70}{space 3} 1357.921
{txt}{space 10}1978  {c |}{col 17}{res}{space 2} 1098.604{col 29}{space 2} 159.3915{col 40}{space 1}    6.89{col 49}{space 3}0.000{col 57}{space 4}  784.645{col 70}{space 3} 1412.563
{txt}{space 10}1979  {c |}{col 17}{res}{space 2} 612.5349{col 29}{space 2} 153.8538{col 40}{space 1}    3.98{col 49}{space 3}0.000{col 57}{space 4} 309.4838{col 70}{space 3}  915.586
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 478.6173{col 29}{space 2} 151.0466{col 40}{space 1}    3.17{col 49}{space 3}0.002{col 57}{space 4} 181.0956{col 70}{space 3}  776.139
{txt}{space 10}1981  {c |}{col 17}{res}{space 2} 968.8926{col 29}{space 2} 148.6333{col 40}{space 1}    6.52{col 49}{space 3}0.000{col 57}{space 4} 676.1245{col 70}{space 3} 1261.661
{txt}{space 10}1982  {c |}{col 17}{res}{space 2} 816.6659{col 29}{space 2} 165.8283{col 40}{space 1}    4.92{col 49}{space 3}0.000{col 57}{space 4} 490.0282{col 70}{space 3} 1143.304
{txt}{space 10}1983  {c |}{col 17}{res}{space 2} 1151.683{col 29}{space 2} 166.3888{col 40}{space 1}    6.92{col 49}{space 3}0.000{col 57}{space 4} 823.9413{col 70}{space 3} 1479.425
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 1397.626{col 29}{space 2} 167.8685{col 40}{space 1}    8.33{col 49}{space 3}0.000{col 57}{space 4}  1066.97{col 70}{space 3} 1728.282
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 1031.161{col 29}{space 2} 183.0876{col 40}{space 1}    5.63{col 49}{space 3}0.000{col 57}{space 4} 670.5269{col 70}{space 3} 1391.795
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} 998.5202{col 29}{space 2}  174.324{col 40}{space 1}    5.73{col 49}{space 3}0.000{col 57}{space 4} 655.1482{col 70}{space 3} 1341.892
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 868.5632{col 29}{space 2} 176.4156{col 40}{space 1}    4.92{col 49}{space 3}0.000{col 57}{space 4} 521.0714{col 70}{space 3} 1216.055
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} 1117.705{col 29}{space 2} 183.3487{col 40}{space 1}    6.10{col 49}{space 3}0.000{col 57}{space 4}  756.557{col 70}{space 3} 1478.853
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 1052.611{col 29}{space 2} 191.9307{col 40}{space 1}    5.48{col 49}{space 3}0.000{col 57}{space 4} 674.5582{col 70}{space 3} 1430.663
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}   694.71{col 29}{space 2} 198.9673{col 40}{space 1}    3.49{col 49}{space 3}0.001{col 57}{space 4} 302.7974{col 70}{space 3} 1086.623
{txt}{space 10}1991  {c |}{col 17}{res}{space 2} 645.1309{col 29}{space 2} 193.3104{col 40}{space 1}    3.34{col 49}{space 3}0.001{col 57}{space 4} 264.3608{col 70}{space 3} 1025.901
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 1228.217{col 29}{space 2} 196.7274{col 40}{space 1}    6.24{col 49}{space 3}0.000{col 57}{space 4} 840.7163{col 70}{space 3} 1615.718
{txt}{space 10}1993  {c |}{col 17}{res}{space 2}  1041.11{col 29}{space 2}  212.743{col 40}{space 1}    4.89{col 49}{space 3}0.000{col 57}{space 4} 622.0633{col 70}{space 3} 1460.158
{txt}{space 10}1994  {c |}{col 17}{res}{space 2} 1086.163{col 29}{space 2} 212.3116{col 40}{space 1}    5.12{col 49}{space 3}0.000{col 57}{space 4} 667.9656{col 70}{space 3} 1504.361
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 1116.922{col 29}{space 2}  207.458{col 40}{space 1}    5.38{col 49}{space 3}0.000{col 57}{space 4} 708.2852{col 70}{space 3} 1525.559
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 1163.576{col 29}{space 2} 215.5872{col 40}{space 1}    5.40{col 49}{space 3}0.000{col 57}{space 4} 738.9264{col 70}{space 3} 1588.225
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 1255.711{col 29}{space 2} 217.9996{col 40}{space 1}    5.76{col 49}{space 3}0.000{col 57}{space 4} 826.3095{col 70}{space 3} 1685.112
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 1533.743{col 29}{space 2} 225.8834{col 40}{space 1}    6.79{col 49}{space 3}0.000{col 57}{space 4} 1088.813{col 70}{space 3} 1978.673
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 1143.488{col 29}{space 2} 236.9412{col 40}{space 1}    4.83{col 49}{space 3}0.000{col 57}{space 4} 676.7771{col 70}{space 3} 1610.199
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 1366.635{col 29}{space 2} 236.3858{col 40}{space 1}    5.78{col 49}{space 3}0.000{col 57}{space 4} 901.0175{col 70}{space 3} 1832.252
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 918.4661{col 29}{space 2} 243.0856{col 40}{space 1}    3.78{col 49}{space 3}0.000{col 57}{space 4} 439.6522{col 70}{space 3}  1397.28
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} 792.7193{col 29}{space 2} 245.5367{col 40}{space 1}    3.23{col 49}{space 3}0.001{col 57}{space 4} 309.0772{col 70}{space 3} 1276.361
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 1093.391{col 29}{space 2} 243.2629{col 40}{space 1}    4.49{col 49}{space 3}0.000{col 57}{space 4} 614.2276{col 70}{space 3} 1572.554
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 1519.357{col 29}{space 2} 255.2482{col 40}{space 1}    5.95{col 49}{space 3}0.000{col 57}{space 4} 1016.586{col 70}{space 3} 2022.129
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 1399.855{col 29}{space 2} 265.2205{col 40}{space 1}    5.28{col 49}{space 3}0.000{col 57}{space 4} 877.4415{col 70}{space 3} 1922.269
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 1347.286{col 29}{space 2} 263.6103{col 40}{space 1}    5.11{col 49}{space 3}0.000{col 57}{space 4} 828.0435{col 70}{space 3} 1866.528
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 1204.743{col 29}{space 2} 261.8699{col 40}{space 1}    4.60{col 49}{space 3}0.000{col 57}{space 4} 688.9291{col 70}{space 3} 1720.557
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 868.4273{col 29}{space 2} 265.8323{col 40}{space 1}    3.27{col 49}{space 3}0.001{col 57}{space 4} 344.8083{col 70}{space 3} 1392.046
{txt}{space 10}2009  {c |}{col 17}{res}{space 2} 132.0781{col 29}{space 2} 265.0249{col 40}{space 1}    0.50{col 49}{space 3}0.619{col 57}{space 4}-389.9504{col 70}{space 3} 654.1065
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} 1375.804{col 29}{space 2} 262.6709{col 40}{space 1}    5.24{col 49}{space 3}0.000{col 57}{space 4} 858.4121{col 70}{space 3} 1893.196
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-220.2889{col 29}{space 2} 124.5631{col 40}{space 1}   -1.77{col 49}{space 3}0.078{col 57}{space 4}-465.6452{col 70}{space 3} 25.06733
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. 
. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       320{col 27}-2275.833{col 38} -1994.79{col 49}    76{col 58}  4141.58{col 69} 4427.972
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. newey d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann i.state_fips i.year if allstatesfullpc!=. & newsouth==1, lag(8) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       320
{txt}maximum lag: {res}8{col 49}{txt}F( 75,       244){col 67}= {res}      4.95
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}  Newey-West
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1360253{col 29}{space 2} .0377528{col 40}{space 1}   -3.60{col 49}{space 3}0.000{col 57}{space 4}-.2103882{col 70}{space 3}-.0616625
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0008873{col 29}{space 2} .0007171{col 40}{space 1}    1.24{col 49}{space 3}0.217{col 57}{space 4}-.0005252{col 70}{space 3} .0022999
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} -.042355{col 29}{space 2} .0507187{col 40}{space 1}   -0.84{col 49}{space 3}0.404{col 57}{space 4}-.1422574{col 70}{space 3} .0575474
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} .0005287{col 29}{space 2} .0023088{col 40}{space 1}    0.23{col 49}{space 3}0.819{col 57}{space 4} -.004019{col 70}{space 3} .0050763
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} -.154459{col 29}{space 2} .0747959{col 40}{space 1}   -2.07{col 49}{space 3}0.040{col 57}{space 4}-.3017871{col 70}{space 3}-.0071309
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0035004{col 29}{space 2} .0024696{col 40}{space 1}    1.42{col 49}{space 3}0.158{col 57}{space 4} -.001364{col 70}{space 3} .0083649
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}-.0687603{col 29}{space 2} .0569404{col 40}{space 1}   -1.21{col 49}{space 3}0.228{col 57}{space 4}-.1809178{col 70}{space 3} .0433972
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0024812{col 29}{space 2} .0023994{col 40}{space 1}   -1.03{col 49}{space 3}0.302{col 57}{space 4}-.0072075{col 70}{space 3}  .002245
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2}-.9126449{col 29}{space 2} 1.993008{col 40}{space 1}   -0.46{col 49}{space 3}0.647{col 57}{space 4}-4.838341{col 70}{space 3} 3.013051
{txt}{space 12}37  {c |}{col 17}{res}{space 2} .2651163{col 29}{space 2} 1.885663{col 40}{space 1}    0.14{col 49}{space 3}0.888{col 57}{space 4}-3.449139{col 70}{space 3} 3.979371
{txt}{space 12}48  {c |}{col 17}{res}{space 2}-.9801018{col 29}{space 2} 1.706382{col 40}{space 1}   -0.57{col 49}{space 3}0.566{col 57}{space 4} -4.34122{col 70}{space 3} 2.381016
{txt}{space 12}51  {c |}{col 17}{res}{space 2}-.4352217{col 29}{space 2} 1.248729{col 40}{space 1}   -0.35{col 49}{space 3}0.728{col 57}{space 4}-2.894887{col 70}{space 3} 2.024443
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2} -.945009{col 29}{space 2} 2.012194{col 40}{space 1}   -0.47{col 49}{space 3}0.639{col 57}{space 4}-4.908495{col 70}{space 3} 3.018477
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-2.991881{col 29}{space 2} 2.304072{col 40}{space 1}   -1.30{col 49}{space 3}0.195{col 57}{space 4}-7.530291{col 70}{space 3} 1.546528
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}-2.010287{col 29}{space 2} 2.407775{col 40}{space 1}   -0.83{col 49}{space 3}0.405{col 57}{space 4}-6.752964{col 70}{space 3}  2.73239
{txt}{space 10}1951  {c |}{col 17}{res}{space 2}-2.987748{col 29}{space 2} 2.445035{col 40}{space 1}   -1.22{col 49}{space 3}0.223{col 57}{space 4}-7.803818{col 70}{space 3} 1.828321
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}-.9762136{col 29}{space 2} 2.042971{col 40}{space 1}   -0.48{col 49}{space 3}0.633{col 57}{space 4}-5.000323{col 70}{space 3} 3.047896
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} -.191897{col 29}{space 2} 2.286094{col 40}{space 1}   -0.08{col 49}{space 3}0.933{col 57}{space 4}-4.694894{col 70}{space 3}   4.3111
{txt}{space 10}1954  {c |}{col 17}{res}{space 2}-1.657163{col 29}{space 2} 1.790496{col 40}{space 1}   -0.93{col 49}{space 3}0.356{col 57}{space 4}-5.183963{col 70}{space 3} 1.869637
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}-1.981443{col 29}{space 2} 2.386942{col 40}{space 1}   -0.83{col 49}{space 3}0.407{col 57}{space 4}-6.683083{col 70}{space 3} 2.720197
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}  -3.3898{col 29}{space 2} 2.549028{col 40}{space 1}   -1.33{col 49}{space 3}0.185{col 57}{space 4}-8.410708{col 70}{space 3} 1.631108
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} -1.02346{col 29}{space 2} 2.327301{col 40}{space 1}   -0.44{col 49}{space 3}0.660{col 57}{space 4}-5.607624{col 70}{space 3} 3.560703
{txt}{space 10}1958  {c |}{col 17}{res}{space 2}-1.210255{col 29}{space 2} 1.578789{col 40}{space 1}   -0.77{col 49}{space 3}0.444{col 57}{space 4} -4.32005{col 70}{space 3} 1.899539
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-4.992655{col 29}{space 2} 3.099373{col 40}{space 1}   -1.61{col 49}{space 3}0.109{col 57}{space 4}-11.09759{col 70}{space 3} 1.112284
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-3.783759{col 29}{space 2} 2.243714{col 40}{space 1}   -1.69{col 49}{space 3}0.093{col 57}{space 4}-8.203279{col 70}{space 3} .6357616
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} .1838893{col 29}{space 2} 2.610819{col 40}{space 1}    0.07{col 49}{space 3}0.944{col 57}{space 4} -4.95873{col 70}{space 3} 5.326509
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}-3.318382{col 29}{space 2}  2.38216{col 40}{space 1}   -1.39{col 49}{space 3}0.165{col 57}{space 4}-8.010604{col 70}{space 3} 1.373839
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} .4220352{col 29}{space 2}  2.62163{col 40}{space 1}    0.16{col 49}{space 3}0.872{col 57}{space 4}-4.741879{col 70}{space 3} 5.585949
{txt}{space 10}1964  {c |}{col 17}{res}{space 2}-.0459674{col 29}{space 2} 2.887656{col 40}{space 1}   -0.02{col 49}{space 3}0.987{col 57}{space 4}-5.733882{col 70}{space 3} 5.641947
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}-2.603103{col 29}{space 2} 5.045814{col 40}{space 1}   -0.52{col 49}{space 3}0.606{col 57}{space 4}-12.54201{col 70}{space 3} 7.335809
{txt}{space 10}1966  {c |}{col 17}{res}{space 2}-.3912652{col 29}{space 2} 3.747087{col 40}{space 1}   -0.10{col 49}{space 3}0.917{col 57}{space 4}-7.772029{col 70}{space 3} 6.989499
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 13.07412{col 29}{space 2} 11.82225{col 40}{space 1}    1.11{col 49}{space 3}0.270{col 57}{space 4}-10.21256{col 70}{space 3}  36.3608
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 2.706681{col 29}{space 2}  3.67198{col 40}{space 1}    0.74{col 49}{space 3}0.462{col 57}{space 4}-4.526143{col 70}{space 3} 9.939506
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 2.182493{col 29}{space 2} 5.215895{col 40}{space 1}    0.42{col 49}{space 3}0.676{col 57}{space 4}-8.091433{col 70}{space 3} 12.45642
{txt}{space 10}1970  {c |}{col 17}{res}{space 2}  2.82737{col 29}{space 2}  4.96829{col 40}{space 1}    0.57{col 49}{space 3}0.570{col 57}{space 4}-6.958839{col 70}{space 3} 12.61358
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}-4.443225{col 29}{space 2} 4.540882{col 40}{space 1}   -0.98{col 49}{space 3}0.329{col 57}{space 4}-13.38755{col 70}{space 3} 4.501105
{txt}{space 10}1972  {c |}{col 17}{res}{space 2}-2.168847{col 29}{space 2} 4.707517{col 40}{space 1}   -0.46{col 49}{space 3}0.645{col 57}{space 4} -11.4414{col 70}{space 3}  7.10371
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 6.409843{col 29}{space 2} 5.625843{col 40}{space 1}    1.14{col 49}{space 3}0.256{col 57}{space 4} -4.67157{col 70}{space 3} 17.49126
{txt}{space 10}1974  {c |}{col 17}{res}{space 2}-.4758633{col 29}{space 2} 4.635947{col 40}{space 1}   -0.10{col 49}{space 3}0.918{col 57}{space 4}-9.607446{col 70}{space 3} 8.655719
{txt}{space 10}1975  {c |}{col 17}{res}{space 2}-12.22497{col 29}{space 2} 8.530698{col 40}{space 1}   -1.43{col 49}{space 3}0.153{col 57}{space 4}-29.02818{col 70}{space 3} 4.578234
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-4.963297{col 29}{space 2} 5.889264{col 40}{space 1}   -0.84{col 49}{space 3}0.400{col 57}{space 4}-16.56358{col 70}{space 3} 6.636985
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}-9.338537{col 29}{space 2} 5.591642{col 40}{space 1}   -1.67{col 49}{space 3}0.096{col 57}{space 4}-20.35258{col 70}{space 3} 1.675511
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}-4.897464{col 29}{space 2} 5.173921{col 40}{space 1}   -0.95{col 49}{space 3}0.345{col 57}{space 4}-15.08871{col 70}{space 3} 5.293784
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}-1.879109{col 29}{space 2} 5.572684{col 40}{space 1}   -0.34{col 49}{space 3}0.736{col 57}{space 4}-12.85581{col 70}{space 3} 9.097597
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} .7187199{col 29}{space 2} 5.114526{col 40}{space 1}    0.14{col 49}{space 3}0.888{col 57}{space 4}-9.355535{col 70}{space 3} 10.79298
{txt}{space 10}1981  {c |}{col 17}{res}{space 2} 7.090922{col 29}{space 2} 6.610473{col 40}{space 1}    1.07{col 49}{space 3}0.284{col 57}{space 4}-5.929951{col 70}{space 3} 20.11179
{txt}{space 10}1982  {c |}{col 17}{res}{space 2}-.1826931{col 29}{space 2} 5.980896{col 40}{space 1}   -0.03{col 49}{space 3}0.976{col 57}{space 4}-11.96347{col 70}{space 3} 11.59808
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-7.044556{col 29}{space 2} 5.418934{col 40}{space 1}   -1.30{col 49}{space 3}0.195{col 57}{space 4}-17.71841{col 70}{space 3} 3.629302
{txt}{space 10}1984  {c |}{col 17}{res}{space 2}-4.114381{col 29}{space 2} 6.196687{col 40}{space 1}   -0.66{col 49}{space 3}0.507{col 57}{space 4}-16.32021{col 70}{space 3} 8.091444
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 4.429807{col 29}{space 2} 7.999572{col 40}{space 1}    0.55{col 49}{space 3}0.580{col 57}{space 4}-11.32722{col 70}{space 3} 20.18684
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} -2.05928{col 29}{space 2} 6.235103{col 40}{space 1}   -0.33{col 49}{space 3}0.741{col 57}{space 4}-14.34077{col 70}{space 3} 10.22221
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 1.818069{col 29}{space 2} 7.127981{col 40}{space 1}    0.26{col 49}{space 3}0.799{col 57}{space 4}-12.22216{col 70}{space 3} 15.85829
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}-1.052188{col 29}{space 2} 6.719955{col 40}{space 1}   -0.16{col 49}{space 3}0.876{col 57}{space 4}-14.28871{col 70}{space 3} 12.18434
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 4.149758{col 29}{space 2} 7.588401{col 40}{space 1}    0.55{col 49}{space 3}0.585{col 57}{space 4}-10.79737{col 70}{space 3} 19.09689
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-.4248099{col 29}{space 2} 6.912553{col 40}{space 1}   -0.06{col 49}{space 3}0.951{col 57}{space 4} -14.0407{col 70}{space 3} 13.19108
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-.6303368{col 29}{space 2} 6.907007{col 40}{space 1}   -0.09{col 49}{space 3}0.927{col 57}{space 4} -14.2353{col 70}{space 3} 12.97463
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 4.455132{col 29}{space 2} 8.040786{col 40}{space 1}    0.55{col 49}{space 3}0.580{col 57}{space 4}-11.38308{col 70}{space 3} 20.29334
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 3.949626{col 29}{space 2} 8.324739{col 40}{space 1}    0.47{col 49}{space 3}0.636{col 57}{space 4}-12.44789{col 70}{space 3} 20.34715
{txt}{space 10}1994  {c |}{col 17}{res}{space 2} 2.588577{col 29}{space 2} 7.501742{col 40}{space 1}    0.35{col 49}{space 3}0.730{col 57}{space 4}-12.18786{col 70}{space 3} 17.36501
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 13.99563{col 29}{space 2} 9.668197{col 40}{space 1}    1.45{col 49}{space 3}0.149{col 57}{space 4}-5.048149{col 70}{space 3}  33.0394
{txt}{space 10}1996  {c |}{col 17}{res}{space 2}  2.80882{col 29}{space 2} 8.311272{col 40}{space 1}    0.34{col 49}{space 3}0.736{col 57}{space 4}-13.56217{col 70}{space 3} 19.17981
{txt}{space 10}1997  {c |}{col 17}{res}{space 2}  4.33816{col 29}{space 2} 9.548114{col 40}{space 1}    0.45{col 49}{space 3}0.650{col 57}{space 4}-14.46909{col 70}{space 3} 23.14541
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 1.018103{col 29}{space 2} 8.894394{col 40}{space 1}    0.11{col 49}{space 3}0.909{col 57}{space 4}-16.50149{col 70}{space 3} 18.53769
{txt}{space 10}1999  {c |}{col 17}{res}{space 2}-6.784287{col 29}{space 2} 10.84834{col 40}{space 1}   -0.63{col 49}{space 3}0.532{col 57}{space 4}-28.15263{col 70}{space 3} 14.58405
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} -.870519{col 29}{space 2} 9.080619{col 40}{space 1}   -0.10{col 49}{space 3}0.924{col 57}{space 4}-18.75692{col 70}{space 3} 17.01588
{txt}{space 10}2001  {c |}{col 17}{res}{space 2}-3.811336{col 29}{space 2} 9.834234{col 40}{space 1}   -0.39{col 49}{space 3}0.699{col 57}{space 4}-23.18216{col 70}{space 3} 15.55949
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}-3.101192{col 29}{space 2} 8.823439{col 40}{space 1}   -0.35{col 49}{space 3}0.726{col 57}{space 4}-20.48102{col 70}{space 3} 14.27863
{txt}{space 10}2003  {c |}{col 17}{res}{space 2}-1.850071{col 29}{space 2}  11.1477{col 40}{space 1}   -0.17{col 49}{space 3}0.868{col 57}{space 4}-23.80808{col 70}{space 3} 20.10793
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} -2.92382{col 29}{space 2} 9.782221{col 40}{space 1}   -0.30{col 49}{space 3}0.765{col 57}{space 4}-22.19219{col 70}{space 3} 16.34455
{txt}{space 10}2005  {c |}{col 17}{res}{space 2}-6.946718{col 29}{space 2} 10.38017{col 40}{space 1}   -0.67{col 49}{space 3}0.504{col 57}{space 4} -27.3929{col 70}{space 3} 13.49946
{txt}{space 10}2006  {c |}{col 17}{res}{space 2}-3.436795{col 29}{space 2} 10.03877{col 40}{space 1}   -0.34{col 49}{space 3}0.732{col 57}{space 4} -23.2105{col 70}{space 3} 16.33691
{txt}{space 10}2007  {c |}{col 17}{res}{space 2}-4.751416{col 29}{space 2} 9.810382{col 40}{space 1}   -0.48{col 49}{space 3}0.629{col 57}{space 4}-24.07526{col 70}{space 3} 14.57243
{txt}{space 10}2008  {c |}{col 17}{res}{space 2}-.4008008{col 29}{space 2} 9.792055{col 40}{space 1}   -0.04{col 49}{space 3}0.967{col 57}{space 4}-19.68855{col 70}{space 3} 18.88694
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-.1581728{col 29}{space 2} 9.995233{col 40}{space 1}   -0.02{col 49}{space 3}0.987{col 57}{space 4}-19.84612{col 70}{space 3} 19.52978
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} -4.70612{col 29}{space 2} 10.19734{col 40}{space 1}   -0.46{col 49}{space 3}0.645{col 57}{space 4}-24.79216{col 70}{space 3} 15.37992
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} -1.59859{col 29}{space 2} 4.702949{col 40}{space 1}   -0.34{col 49}{space 3}0.734{col 57}{space 4}-10.86215{col 70}{space 3} 7.664969
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. reg d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann i.state_fips i.year if allstatesfullpcols!=. & newsouth==1

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       320
{txt}{hline 13}{c +}{hline 34}   F(75, 244)      = {res}     2.51
{txt}       Model {c |} {res} 8005.80468        75  106.744062   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 10377.1774       244  42.5294156   {txt}R-squared       ={res}    0.4355
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.2620
{txt}       Total {c |} {res} 18382.9821       319  57.6269031   {txt}Root MSE        =   {res} 6.5215

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1360253{col 29}{space 2} .0410699{col 40}{space 1}   -3.31{col 49}{space 3}0.001{col 57}{space 4}-.2169221{col 70}{space 3}-.0551285
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0008873{col 29}{space 2} .0008366{col 40}{space 1}    1.06{col 49}{space 3}0.290{col 57}{space 4}-.0007605{col 70}{space 3} .0025351
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} -.042355{col 29}{space 2} .0677364{col 40}{space 1}   -0.63{col 49}{space 3}0.532{col 57}{space 4}-.1757778{col 70}{space 3} .0910677
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} .0005287{col 29}{space 2} .0029558{col 40}{space 1}    0.18{col 49}{space 3}0.858{col 57}{space 4}-.0052934{col 70}{space 3} .0063508
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} -.154459{col 29}{space 2} .0650122{col 40}{space 1}   -2.38{col 49}{space 3}0.018{col 57}{space 4}-.2825157{col 70}{space 3}-.0264023
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0035004{col 29}{space 2} .0029055{col 40}{space 1}    1.20{col 49}{space 3}0.229{col 57}{space 4}-.0022226{col 70}{space 3} .0092235
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}-.0687603{col 29}{space 2} .0649452{col 40}{space 1}   -1.06{col 49}{space 3}0.291{col 57}{space 4} -.196685{col 70}{space 3} .0591644
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0024812{col 29}{space 2} .0030831{col 40}{space 1}   -0.80{col 49}{space 3}0.422{col 57}{space 4}-.0085542{col 70}{space 3} .0035917
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2}-.9126449{col 29}{space 2} 1.644219{col 40}{space 1}   -0.56{col 49}{space 3}0.579{col 57}{space 4}-4.151319{col 70}{space 3} 2.326029
{txt}{space 12}37  {c |}{col 17}{res}{space 2} .2651163{col 29}{space 2} 1.680174{col 40}{space 1}    0.16{col 49}{space 3}0.875{col 57}{space 4} -3.04438{col 70}{space 3} 3.574613
{txt}{space 12}48  {c |}{col 17}{res}{space 2}-.9801018{col 29}{space 2} 1.333999{col 40}{space 1}   -0.73{col 49}{space 3}0.463{col 57}{space 4}-3.607726{col 70}{space 3} 1.647522
{txt}{space 12}51  {c |}{col 17}{res}{space 2}-.4352217{col 29}{space 2} 1.223316{col 40}{space 1}   -0.36{col 49}{space 3}0.722{col 57}{space 4}-2.844829{col 70}{space 3} 1.974386
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2} -.945009{col 29}{space 2} 4.782653{col 40}{space 1}   -0.20{col 49}{space 3}0.844{col 57}{space 4}-10.36556{col 70}{space 3} 8.475545
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-2.991881{col 29}{space 2} 5.081263{col 40}{space 1}   -0.59{col 49}{space 3}0.557{col 57}{space 4}-13.00062{col 70}{space 3} 7.016855
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}-2.010287{col 29}{space 2} 4.949898{col 40}{space 1}   -0.41{col 49}{space 3}0.685{col 57}{space 4}-11.76027{col 70}{space 3} 7.739695
{txt}{space 10}1951  {c |}{col 17}{res}{space 2}-2.987748{col 29}{space 2}  4.91775{col 40}{space 1}   -0.61{col 49}{space 3}0.544{col 57}{space 4}-12.67441{col 70}{space 3}  6.69891
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}-.9762136{col 29}{space 2} 4.648964{col 40}{space 1}   -0.21{col 49}{space 3}0.834{col 57}{space 4}-10.13344{col 70}{space 3} 8.181009
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} -.191897{col 29}{space 2} 4.702676{col 40}{space 1}   -0.04{col 49}{space 3}0.967{col 57}{space 4}-9.454917{col 70}{space 3} 9.071123
{txt}{space 10}1954  {c |}{col 17}{res}{space 2}-1.657163{col 29}{space 2}  4.56596{col 40}{space 1}   -0.36{col 49}{space 3}0.717{col 57}{space 4}-10.65089{col 70}{space 3} 7.336563
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}-1.981443{col 29}{space 2} 4.891841{col 40}{space 1}   -0.41{col 49}{space 3}0.686{col 57}{space 4}-11.61707{col 70}{space 3} 7.654182
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}  -3.3898{col 29}{space 2} 5.091936{col 40}{space 1}   -0.67{col 49}{space 3}0.506{col 57}{space 4}-13.41956{col 70}{space 3} 6.639958
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} -1.02346{col 29}{space 2}  4.58979{col 40}{space 1}   -0.22{col 49}{space 3}0.824{col 57}{space 4}-10.06413{col 70}{space 3} 8.017205
{txt}{space 10}1958  {c |}{col 17}{res}{space 2}-1.210255{col 29}{space 2} 4.455689{col 40}{space 1}   -0.27{col 49}{space 3}0.786{col 57}{space 4}-9.986778{col 70}{space 3} 7.566267
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-4.992655{col 29}{space 2} 4.952188{col 40}{space 1}   -1.01{col 49}{space 3}0.314{col 57}{space 4}-14.74715{col 70}{space 3} 4.761839
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-3.783759{col 29}{space 2} 4.838047{col 40}{space 1}   -0.78{col 49}{space 3}0.435{col 57}{space 4}-13.31342{col 70}{space 3} 5.745907
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} .1838893{col 29}{space 2} 4.650867{col 40}{space 1}    0.04{col 49}{space 3}0.968{col 57}{space 4}-8.977081{col 70}{space 3} 9.344859
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}-3.318382{col 29}{space 2} 4.966623{col 40}{space 1}   -0.67{col 49}{space 3}0.505{col 57}{space 4}-13.10131{col 70}{space 3} 6.464544
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} .4220352{col 29}{space 2}  5.00451{col 40}{space 1}    0.08{col 49}{space 3}0.933{col 57}{space 4}-9.435519{col 70}{space 3} 10.27959
{txt}{space 10}1964  {c |}{col 17}{res}{space 2}-.0459674{col 29}{space 2}  5.18931{col 40}{space 1}   -0.01{col 49}{space 3}0.993{col 57}{space 4}-10.26753{col 70}{space 3} 10.17559
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}-2.603103{col 29}{space 2} 5.393321{col 40}{space 1}   -0.48{col 49}{space 3}0.630{col 57}{space 4}-13.22651{col 70}{space 3} 8.020305
{txt}{space 10}1966  {c |}{col 17}{res}{space 2}-.3912652{col 29}{space 2} 5.431058{col 40}{space 1}   -0.07{col 49}{space 3}0.943{col 57}{space 4}  -11.089{col 70}{space 3} 10.30647
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 13.07412{col 29}{space 2} 5.599559{col 40}{space 1}    2.33{col 49}{space 3}0.020{col 57}{space 4}  2.04448{col 70}{space 3} 24.10376
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 2.706681{col 29}{space 2} 5.879737{col 40}{space 1}    0.46{col 49}{space 3}0.646{col 57}{space 4}-8.874837{col 70}{space 3}  14.2882
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 2.182493{col 29}{space 2} 6.046649{col 40}{space 1}    0.36{col 49}{space 3}0.718{col 57}{space 4}-9.727798{col 70}{space 3} 14.09278
{txt}{space 10}1970  {c |}{col 17}{res}{space 2}  2.82737{col 29}{space 2} 5.945453{col 40}{space 1}    0.48{col 49}{space 3}0.635{col 57}{space 4}-8.883591{col 70}{space 3} 14.53833
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}-4.443225{col 29}{space 2}  6.03423{col 40}{space 1}   -0.74{col 49}{space 3}0.462{col 57}{space 4}-16.32905{col 70}{space 3} 7.442604
{txt}{space 10}1972  {c |}{col 17}{res}{space 2}-2.168847{col 29}{space 2} 6.837287{col 40}{space 1}   -0.32{col 49}{space 3}0.751{col 57}{space 4}-15.63648{col 70}{space 3} 11.29879
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 6.409843{col 29}{space 2} 7.091385{col 40}{space 1}    0.90{col 49}{space 3}0.367{col 57}{space 4}-7.558298{col 70}{space 3} 20.37798
{txt}{space 10}1974  {c |}{col 17}{res}{space 2}-.4758633{col 29}{space 2} 6.571823{col 40}{space 1}   -0.07{col 49}{space 3}0.942{col 57}{space 4}-13.42061{col 70}{space 3} 12.46888
{txt}{space 10}1975  {c |}{col 17}{res}{space 2}-12.22497{col 29}{space 2} 6.318221{col 40}{space 1}   -1.93{col 49}{space 3}0.054{col 57}{space 4}-24.67019{col 70}{space 3} .2202428
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-4.963297{col 29}{space 2} 7.312644{col 40}{space 1}   -0.68{col 49}{space 3}0.498{col 57}{space 4}-19.36726{col 70}{space 3} 9.440666
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}-9.338537{col 29}{space 2} 7.492075{col 40}{space 1}   -1.25{col 49}{space 3}0.214{col 57}{space 4}-24.09593{col 70}{space 3} 5.418857
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}-4.897464{col 29}{space 2} 7.373342{col 40}{space 1}   -0.66{col 49}{space 3}0.507{col 57}{space 4}-19.42099{col 70}{space 3} 9.626059
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}-1.879109{col 29}{space 2} 7.120411{col 40}{space 1}   -0.26{col 49}{space 3}0.792{col 57}{space 4}-15.90442{col 70}{space 3} 12.14621
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} .7187199{col 29}{space 2} 6.785079{col 40}{space 1}    0.11{col 49}{space 3}0.916{col 57}{space 4}-12.64608{col 70}{space 3} 14.08352
{txt}{space 10}1981  {c |}{col 17}{res}{space 2} 7.090922{col 29}{space 2} 7.318655{col 40}{space 1}    0.97{col 49}{space 3}0.334{col 57}{space 4}-7.324882{col 70}{space 3} 21.50673
{txt}{space 10}1982  {c |}{col 17}{res}{space 2}-.1826931{col 29}{space 2} 7.470108{col 40}{space 1}   -0.02{col 49}{space 3}0.981{col 57}{space 4}-14.89682{col 70}{space 3} 14.53143
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-7.044556{col 29}{space 2} 7.569867{col 40}{space 1}   -0.93{col 49}{space 3}0.353{col 57}{space 4}-21.95518{col 70}{space 3} 7.866068
{txt}{space 10}1984  {c |}{col 17}{res}{space 2}-4.114381{col 29}{space 2} 8.390179{col 40}{space 1}   -0.49{col 49}{space 3}0.624{col 57}{space 4} -20.6408{col 70}{space 3} 12.41204
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 4.429807{col 29}{space 2} 8.283719{col 40}{space 1}    0.53{col 49}{space 3}0.593{col 57}{space 4}-11.88692{col 70}{space 3} 20.74653
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} -2.05928{col 29}{space 2} 8.328561{col 40}{space 1}   -0.25{col 49}{space 3}0.805{col 57}{space 4}-18.46433{col 70}{space 3} 14.34577
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 1.818069{col 29}{space 2} 8.443384{col 40}{space 1}    0.22{col 49}{space 3}0.830{col 57}{space 4}-14.81315{col 70}{space 3} 18.44929
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}-1.052188{col 29}{space 2} 8.759833{col 40}{space 1}   -0.12{col 49}{space 3}0.904{col 57}{space 4}-18.30673{col 70}{space 3} 16.20235
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 4.149758{col 29}{space 2} 9.106927{col 40}{space 1}    0.46{col 49}{space 3}0.649{col 57}{space 4}-13.78847{col 70}{space 3} 22.08798
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-.4248099{col 29}{space 2} 8.882848{col 40}{space 1}   -0.05{col 49}{space 3}0.962{col 57}{space 4}-17.92166{col 70}{space 3} 17.07204
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-.6303368{col 29}{space 2} 8.853831{col 40}{space 1}   -0.07{col 49}{space 3}0.943{col 57}{space 4}-18.07003{col 70}{space 3} 16.80936
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 4.455132{col 29}{space 2} 9.462079{col 40}{space 1}    0.47{col 49}{space 3}0.638{col 57}{space 4}-14.18265{col 70}{space 3} 23.09291
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 3.949626{col 29}{space 2}  9.61207{col 40}{space 1}    0.41{col 49}{space 3}0.682{col 57}{space 4}-14.98359{col 70}{space 3} 22.88285
{txt}{space 10}1994  {c |}{col 17}{res}{space 2} 2.588577{col 29}{space 2} 9.396335{col 40}{space 1}    0.28{col 49}{space 3}0.783{col 57}{space 4} -15.9197{col 70}{space 3} 21.09686
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 13.99563{col 29}{space 2} 9.711775{col 40}{space 1}    1.44{col 49}{space 3}0.151{col 57}{space 4}-5.133985{col 70}{space 3} 33.12524
{txt}{space 10}1996  {c |}{col 17}{res}{space 2}  2.80882{col 29}{space 2} 9.952293{col 40}{space 1}    0.28{col 49}{space 3}0.778{col 57}{space 4}-16.79455{col 70}{space 3} 22.41219
{txt}{space 10}1997  {c |}{col 17}{res}{space 2}  4.33816{col 29}{space 2} 10.29983{col 40}{space 1}    0.42{col 49}{space 3}0.674{col 57}{space 4}-15.94977{col 70}{space 3} 24.62609
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 1.018103{col 29}{space 2} 10.89362{col 40}{space 1}    0.09{col 49}{space 3}0.926{col 57}{space 4}-20.43943{col 70}{space 3} 22.47563
{txt}{space 10}1999  {c |}{col 17}{res}{space 2}-6.784287{col 29}{space 2} 11.04005{col 40}{space 1}   -0.61{col 49}{space 3}0.539{col 57}{space 4}-28.53025{col 70}{space 3} 14.96167
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} -.870519{col 29}{space 2} 11.29307{col 40}{space 1}   -0.08{col 49}{space 3}0.939{col 57}{space 4}-23.11486{col 70}{space 3} 21.37382
{txt}{space 10}2001  {c |}{col 17}{res}{space 2}-3.811336{col 29}{space 2} 11.43626{col 40}{space 1}   -0.33{col 49}{space 3}0.739{col 57}{space 4}-26.33773{col 70}{space 3} 18.71505
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}-3.101192{col 29}{space 2} 11.21981{col 40}{space 1}   -0.28{col 49}{space 3}0.782{col 57}{space 4}-25.20122{col 70}{space 3} 18.99884
{txt}{space 10}2003  {c |}{col 17}{res}{space 2}-1.850071{col 29}{space 2} 11.54782{col 40}{space 1}   -0.16{col 49}{space 3}0.873{col 57}{space 4} -24.5962{col 70}{space 3} 20.89606
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} -2.92382{col 29}{space 2} 12.03938{col 40}{space 1}   -0.24{col 49}{space 3}0.808{col 57}{space 4} -26.6382{col 70}{space 3} 20.79056
{txt}{space 10}2005  {c |}{col 17}{res}{space 2}-6.946718{col 29}{space 2} 12.09691{col 40}{space 1}   -0.57{col 49}{space 3}0.566{col 57}{space 4}-30.77442{col 70}{space 3} 16.88098
{txt}{space 10}2006  {c |}{col 17}{res}{space 2}-3.436795{col 29}{space 2} 12.06542{col 40}{space 1}   -0.28{col 49}{space 3}0.776{col 57}{space 4}-27.20247{col 70}{space 3} 20.32888
{txt}{space 10}2007  {c |}{col 17}{res}{space 2}-4.751416{col 29}{space 2} 12.24661{col 40}{space 1}   -0.39{col 49}{space 3}0.698{col 57}{space 4}-28.87397{col 70}{space 3} 19.37114
{txt}{space 10}2008  {c |}{col 17}{res}{space 2}-.4008008{col 29}{space 2} 12.15349{col 40}{space 1}   -0.03{col 49}{space 3}0.974{col 57}{space 4}-24.33994{col 70}{space 3} 23.53834
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-.1581728{col 29}{space 2} 11.91283{col 40}{space 1}   -0.01{col 49}{space 3}0.989{col 57}{space 4}-23.62328{col 70}{space 3} 23.30693
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} -4.70612{col 29}{space 2} 12.48292{col 40}{space 1}   -0.38{col 49}{space 3}0.706{col 57}{space 4}-29.29416{col 70}{space 3} 19.88192
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} -1.59859{col 29}{space 2} 5.787327{col 40}{space 1}   -0.28{col 49}{space 3}0.783{col 57}{space 4}-12.99808{col 70}{space 3} 9.800904
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}.  
. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       320{col 27}-1102.198{col 38}-1010.707{col 49}    76{col 58} 2173.414{col 69} 2459.807
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. //inc
. qui newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney  l4.d.real_pc_inc_ann l3.d.klarnerranney  i.state_fips i.year if newsouth==1, lag(8) force
{txt}
{com}. 
. *** 1.D.a: TEST OF REAL_PC_INC_ANN*
. test  l4.d.real_pc_inc_ann =  l3.d.klarnerranney = 0

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L4D.real_pc_inc_ann - L3D.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 2)}{space 1} L4D.real_pc_inc_ann = 0{p_end}

{txt}       F(  2,   242) ={res}    0.34
{txt}{col 13}Prob > F ={res}    0.7155
{txt}
{com}. 
. //pc 
. qui newey d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann  l4.d.klarnerranney l3.d.real_pc_inc_ann  i.state_fips i.year if newsouth==1, lag(8) force
{txt}
{com}. 
. *** 1.D.b: TEST OF 4YR RANNEY MODEL*
. test l4.d.klarnerranney = l3.d.real_pc_inc_ann = 0

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L4D.klarnerranney - L3D.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 2)}{space 1} L4D.klarnerranney = 0{p_end}

{txt}       F(  2,   242) ={res}    0.10
{txt}{col 13}Prob > F ={res}    0.9058
{txt}
{com}. 
. 
. //Reduce (1,1) to (5,4)
. 
. 
. //Income (1,1) Reduced to (5,4)
. newey d.real_pc_inc_ann l.real_pc_inc_ann l.klarnerranney d.klarnerranney i.state_fips i.year if allstatesfullinc!=. & newsouth==1, lag(8) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       320
{txt}maximum lag: {res}8{col 49}{txt}F( 70,       249){col 67}= {res}     79.22
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}{col 29}  Newey-West
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.0136082{col 29}{space 2} .0216224{col 40}{space 1}   -0.63{col 49}{space 3}0.530{col 57}{space 4}-.0561944{col 70}{space 3}  .028978
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.6963023{col 29}{space 2} 1.191215{col 40}{space 1}   -0.58{col 49}{space 3}0.559{col 57}{space 4}-3.042444{col 70}{space 3} 1.649839
{txt}{space 12}D1. {c |}{col 17}{res}{space 2}-.0238151{col 29}{space 2} 1.065854{col 40}{space 1}   -0.02{col 49}{space 3}0.982{col 57}{space 4}-2.123055{col 70}{space 3} 2.075425
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2}-25.64422{col 29}{space 2} 40.49852{col 40}{space 1}   -0.63{col 49}{space 3}0.527{col 57}{space 4}-105.4076{col 70}{space 3} 54.11912
{txt}{space 12}37  {c |}{col 17}{res}{space 2}-22.72399{col 29}{space 2} 39.30545{col 40}{space 1}   -0.58{col 49}{space 3}0.564{col 57}{space 4}-100.1375{col 70}{space 3} 54.68954
{txt}{space 12}48  {c |}{col 17}{res}{space 2}-8.902679{col 29}{space 2} 41.86674{col 40}{space 1}   -0.21{col 49}{space 3}0.832{col 57}{space 4}-91.36077{col 70}{space 3} 73.55541
{txt}{space 12}51  {c |}{col 17}{res}{space 2} 61.65346{col 29}{space 2} 27.87403{col 40}{space 1}    2.21{col 49}{space 3}0.028{col 57}{space 4} 6.754541{col 70}{space 3} 116.5524
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2} 505.6324{col 29}{space 2} 110.2574{col 40}{space 1}    4.59{col 49}{space 3}0.000{col 57}{space 4} 288.4764{col 70}{space 3} 722.7885
{txt}{space 10}1949  {c |}{col 17}{res}{space 2} 532.4689{col 29}{space 2} 110.3996{col 40}{space 1}    4.82{col 49}{space 3}0.000{col 57}{space 4} 315.0329{col 70}{space 3} 749.9049
{txt}{space 10}1950  {c |}{col 17}{res}{space 2} 829.0005{col 29}{space 2} 115.8997{col 40}{space 1}    7.15{col 49}{space 3}0.000{col 57}{space 4} 600.7318{col 70}{space 3} 1057.269
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} 594.0322{col 29}{space 2} 99.63854{col 40}{space 1}    5.96{col 49}{space 3}0.000{col 57}{space 4} 397.7904{col 70}{space 3}  790.274
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} 633.3072{col 29}{space 2} 106.3361{col 40}{space 1}    5.96{col 49}{space 3}0.000{col 57}{space 4} 423.8742{col 70}{space 3} 842.7402
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 611.7939{col 29}{space 2} 117.0824{col 40}{space 1}    5.23{col 49}{space 3}0.000{col 57}{space 4} 381.1958{col 70}{space 3} 842.3921
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} 498.3049{col 29}{space 2} 103.6358{col 40}{space 1}    4.81{col 49}{space 3}0.000{col 57}{space 4} 294.1903{col 70}{space 3} 702.4194
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}  842.266{col 29}{space 2} 110.4935{col 40}{space 1}    7.62{col 49}{space 3}0.000{col 57}{space 4} 624.6449{col 70}{space 3} 1059.887
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} 714.9363{col 29}{space 2} 109.0806{col 40}{space 1}    6.55{col 49}{space 3}0.000{col 57}{space 4} 500.0981{col 70}{space 3} 929.7745
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 398.2531{col 29}{space 2} 112.9695{col 40}{space 1}    3.53{col 49}{space 3}0.001{col 57}{space 4} 175.7556{col 70}{space 3} 620.7507
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} 487.7996{col 29}{space 2} 114.5461{col 40}{space 1}    4.26{col 49}{space 3}0.000{col 57}{space 4} 262.1968{col 70}{space 3} 713.4023
{txt}{space 10}1959  {c |}{col 17}{res}{space 2} 731.2281{col 29}{space 2} 106.2479{col 40}{space 1}    6.88{col 49}{space 3}0.000{col 57}{space 4}  521.969{col 70}{space 3} 940.4871
{txt}{space 10}1960  {c |}{col 17}{res}{space 2} 510.5384{col 29}{space 2} 107.7915{col 40}{space 1}    4.74{col 49}{space 3}0.000{col 57}{space 4}  298.239{col 70}{space 3} 722.8377
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} 597.8461{col 29}{space 2} 108.4688{col 40}{space 1}    5.51{col 49}{space 3}0.000{col 57}{space 4} 384.2127{col 70}{space 3} 811.4794
{txt}{space 10}1962  {c |}{col 17}{res}{space 2} 714.9757{col 29}{space 2} 109.9106{col 40}{space 1}    6.51{col 49}{space 3}0.000{col 57}{space 4} 498.5027{col 70}{space 3} 931.4487
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 712.3084{col 29}{space 2} 109.8338{col 40}{space 1}    6.49{col 49}{space 3}0.000{col 57}{space 4} 495.9867{col 70}{space 3} 928.6302
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 877.7857{col 29}{space 2} 109.3103{col 40}{space 1}    8.03{col 49}{space 3}0.000{col 57}{space 4}  662.495{col 70}{space 3} 1093.076
{txt}{space 10}1965  {c |}{col 17}{res}{space 2} 875.2843{col 29}{space 2}  113.788{col 40}{space 1}    7.69{col 49}{space 3}0.000{col 57}{space 4} 651.1747{col 70}{space 3} 1099.394
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} 895.3019{col 29}{space 2} 122.0921{col 40}{space 1}    7.33{col 49}{space 3}0.000{col 57}{space 4}  654.837{col 70}{space 3} 1135.767
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 920.2455{col 29}{space 2}  121.164{col 40}{space 1}    7.60{col 49}{space 3}0.000{col 57}{space 4} 681.6086{col 70}{space 3} 1158.882
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 973.2493{col 29}{space 2} 129.5212{col 40}{space 1}    7.51{col 49}{space 3}0.000{col 57}{space 4} 718.1525{col 70}{space 3} 1228.346
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 969.1511{col 29}{space 2} 143.2854{col 40}{space 1}    6.76{col 49}{space 3}0.000{col 57}{space 4} 686.9452{col 70}{space 3} 1251.357
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 712.6929{col 29}{space 2} 145.5487{col 40}{space 1}    4.90{col 49}{space 3}0.000{col 57}{space 4} 426.0293{col 70}{space 3} 999.3564
{txt}{space 10}1971  {c |}{col 17}{res}{space 2} 810.8533{col 29}{space 2} 142.5982{col 40}{space 1}    5.69{col 49}{space 3}0.000{col 57}{space 4} 530.0009{col 70}{space 3} 1091.706
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 1164.255{col 29}{space 2} 146.7869{col 40}{space 1}    7.93{col 49}{space 3}0.000{col 57}{space 4} 875.1524{col 70}{space 3} 1453.357
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 1057.968{col 29}{space 2} 155.0718{col 40}{space 1}    6.82{col 49}{space 3}0.000{col 57}{space 4} 752.5487{col 70}{space 3} 1363.388
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 389.6978{col 29}{space 2} 171.9391{col 40}{space 1}    2.27{col 49}{space 3}0.024{col 57}{space 4} 51.05732{col 70}{space 3} 728.3382
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} 430.4827{col 29}{space 2} 184.8406{col 40}{space 1}    2.33{col 49}{space 3}0.021{col 57}{space 4} 66.43232{col 70}{space 3}  794.533
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} 957.4974{col 29}{space 2} 158.8506{col 40}{space 1}    6.03{col 49}{space 3}0.000{col 57}{space 4} 644.6354{col 70}{space 3} 1270.359
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} 844.5813{col 29}{space 2} 167.8941{col 40}{space 1}    5.03{col 49}{space 3}0.000{col 57}{space 4} 513.9077{col 70}{space 3} 1175.255
{txt}{space 10}1978  {c |}{col 17}{res}{space 2} 1037.187{col 29}{space 2} 174.0787{col 40}{space 1}    5.96{col 49}{space 3}0.000{col 57}{space 4} 694.3321{col 70}{space 3} 1380.041
{txt}{space 10}1979  {c |}{col 17}{res}{space 2} 560.7612{col 29}{space 2}  184.071{col 40}{space 1}    3.05{col 49}{space 3}0.003{col 57}{space 4} 198.2266{col 70}{space 3} 923.2957
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 406.6244{col 29}{space 2} 188.7379{col 40}{space 1}    2.15{col 49}{space 3}0.032{col 57}{space 4} 34.89823{col 70}{space 3} 778.3506
{txt}{space 10}1981  {c |}{col 17}{res}{space 2} 774.9014{col 29}{space 2} 192.0801{col 40}{space 1}    4.03{col 49}{space 3}0.000{col 57}{space 4} 396.5925{col 70}{space 3}  1153.21
{txt}{space 10}1982  {c |}{col 17}{res}{space 2} 611.1283{col 29}{space 2}  178.946{col 40}{space 1}    3.42{col 49}{space 3}0.001{col 57}{space 4} 258.6875{col 70}{space 3}  963.569
{txt}{space 10}1983  {c |}{col 17}{res}{space 2} 1003.492{col 29}{space 2} 191.3593{col 40}{space 1}    5.24{col 49}{space 3}0.000{col 57}{space 4} 626.6023{col 70}{space 3} 1380.381
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 1249.182{col 29}{space 2} 191.8291{col 40}{space 1}    6.51{col 49}{space 3}0.000{col 57}{space 4} 871.3673{col 70}{space 3} 1626.996
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 981.2178{col 29}{space 2} 194.6577{col 40}{space 1}    5.04{col 49}{space 3}0.000{col 57}{space 4} 597.8323{col 70}{space 3} 1364.603
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} 989.7082{col 29}{space 2} 234.1114{col 40}{space 1}    4.23{col 49}{space 3}0.000{col 57}{space 4} 528.6171{col 70}{space 3} 1450.799
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 795.1388{col 29}{space 2} 226.9123{col 40}{space 1}    3.50{col 49}{space 3}0.001{col 57}{space 4} 348.2266{col 70}{space 3} 1242.051
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} 986.5904{col 29}{space 2} 217.6071{col 40}{space 1}    4.53{col 49}{space 3}0.000{col 57}{space 4} 558.0051{col 70}{space 3} 1415.176
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 889.8039{col 29}{space 2} 227.3179{col 40}{space 1}    3.91{col 49}{space 3}0.000{col 57}{space 4} 442.0929{col 70}{space 3} 1337.515
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}  546.407{col 29}{space 2} 245.4908{col 40}{space 1}    2.23{col 49}{space 3}0.027{col 57}{space 4} 62.90382{col 70}{space 3}  1029.91
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}  436.203{col 29}{space 2} 229.4701{col 40}{space 1}    1.90{col 49}{space 3}0.058{col 57}{space 4}-15.74693{col 70}{space 3} 888.1529
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 911.4322{col 29}{space 2} 229.9628{col 40}{space 1}    3.96{col 49}{space 3}0.000{col 57}{space 4}  458.512{col 70}{space 3} 1364.352
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 743.3672{col 29}{space 2} 227.3792{col 40}{space 1}    3.27{col 49}{space 3}0.001{col 57}{space 4} 295.5355{col 70}{space 3} 1191.199
{txt}{space 10}1994  {c |}{col 17}{res}{space 2} 880.0597{col 29}{space 2} 234.1685{col 40}{space 1}    3.76{col 49}{space 3}0.000{col 57}{space 4} 418.8563{col 70}{space 3} 1341.263
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 898.2986{col 29}{space 2} 238.1749{col 40}{space 1}    3.77{col 49}{space 3}0.000{col 57}{space 4} 429.2044{col 70}{space 3} 1367.393
{txt}{space 10}1996  {c |}{col 17}{res}{space 2}  963.154{col 29}{space 2} 251.8057{col 40}{space 1}    3.82{col 49}{space 3}0.000{col 57}{space 4} 467.2133{col 70}{space 3} 1459.095
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 1065.421{col 29}{space 2} 269.4444{col 40}{space 1}    3.95{col 49}{space 3}0.000{col 57}{space 4} 534.7404{col 70}{space 3} 1596.102
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 1341.008{col 29}{space 2} 264.0936{col 40}{space 1}    5.08{col 49}{space 3}0.000{col 57}{space 4}  820.866{col 70}{space 3}  1861.15
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 991.9387{col 29}{space 2} 267.3664{col 40}{space 1}    3.71{col 49}{space 3}0.000{col 57}{space 4} 465.3507{col 70}{space 3} 1518.527
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 1219.813{col 29}{space 2} 285.2886{col 40}{space 1}    4.28{col 49}{space 3}0.000{col 57}{space 4} 657.9265{col 70}{space 3} 1781.699
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 708.5908{col 29}{space 2} 269.6922{col 40}{space 1}    2.63{col 49}{space 3}0.009{col 57}{space 4} 177.4221{col 70}{space 3}  1239.76
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}  557.682{col 29}{space 2} 288.0064{col 40}{space 1}    1.94{col 49}{space 3}0.054{col 57}{space 4}-9.557204{col 70}{space 3} 1124.921
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 723.6952{col 29}{space 2} 263.6282{col 40}{space 1}    2.75{col 49}{space 3}0.006{col 57}{space 4} 204.4698{col 70}{space 3} 1242.921
{txt}{space 10}2004  {c |}{col 17}{res}{space 2}  1113.09{col 29}{space 2} 302.8853{col 40}{space 1}    3.67{col 49}{space 3}0.000{col 57}{space 4}  516.546{col 70}{space 3} 1709.634
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 1072.037{col 29}{space 2} 310.8695{col 40}{space 1}    3.45{col 49}{space 3}0.001{col 57}{space 4} 459.7685{col 70}{space 3} 1684.306
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 1102.069{col 29}{space 2} 318.5852{col 40}{space 1}    3.46{col 49}{space 3}0.001{col 57}{space 4} 474.6033{col 70}{space 3} 1729.534
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 954.6479{col 29}{space 2} 301.7872{col 40}{space 1}    3.16{col 49}{space 3}0.002{col 57}{space 4} 360.2669{col 70}{space 3} 1549.029
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 598.2807{col 29}{space 2} 393.6302{col 40}{space 1}    1.52{col 49}{space 3}0.130{col 57}{space 4}-176.9885{col 70}{space 3}  1373.55
{txt}{space 10}2009  {c |}{col 17}{res}{space 2} -218.999{col 29}{space 2} 277.5073{col 40}{space 1}   -0.79{col 49}{space 3}0.431{col 57}{space 4}-765.5599{col 70}{space 3} 327.5619
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} 847.1406{col 29}{space 2} 305.0292{col 40}{space 1}    2.78{col 49}{space 3}0.006{col 57}{space 4} 246.3743{col 70}{space 3} 1447.907
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} -401.701{col 29}{space 2} 155.2315{col 40}{space 1}   -2.59{col 49}{space 3}0.010{col 57}{space 4}-707.4352{col 70}{space 3}-95.96673
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. reg d.real_pc_inc_ann l.real_pc_inc_ann l.klarnerranney d.klarnerranney i.state_fips i.year if allstatesfullincols!=. & newsouth==1

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       320
{txt}{hline 13}{c +}{hline 34}   F(70, 249)      = {res}    15.11
{txt}       Model {c |} {res} 22815283.3        70  325932.619   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 5372610.93       249  21576.7507   {txt}R-squared       ={res}    0.8094
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.7558
{txt}       Total {c |} {res} 28187894.2       319  88363.3048   {txt}Root MSE        =   {res} 146.89

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.0136082{col 29}{space 2} .0177301{col 40}{space 1}   -0.77{col 49}{space 3}0.444{col 57}{space 4}-.0485283{col 70}{space 3} .0213119
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.6963023{col 29}{space 2} .8479959{col 40}{space 1}   -0.82{col 49}{space 3}0.412{col 57}{space 4}-2.366461{col 70}{space 3} .9738568
{txt}{space 12}D1. {c |}{col 17}{res}{space 2}-.0238151{col 29}{space 2} 1.419295{col 40}{space 1}   -0.02{col 49}{space 3}0.987{col 57}{space 4}-2.819169{col 70}{space 3} 2.771539
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2}-25.64422{col 29}{space 2} 35.32718{col 40}{space 1}   -0.73{col 49}{space 3}0.469{col 57}{space 4}-95.22239{col 70}{space 3} 43.93396
{txt}{space 12}37  {c |}{col 17}{res}{space 2}-22.72399{col 29}{space 2}  36.3929{col 40}{space 1}   -0.62{col 49}{space 3}0.533{col 57}{space 4}-94.40115{col 70}{space 3} 48.95317
{txt}{space 12}48  {c |}{col 17}{res}{space 2}-8.902679{col 29}{space 2} 29.20281{col 40}{space 1}   -0.30{col 49}{space 3}0.761{col 57}{space 4}-66.41869{col 70}{space 3} 48.61333
{txt}{space 12}51  {c |}{col 17}{res}{space 2} 61.65346{col 29}{space 2} 27.24178{col 40}{space 1}    2.26{col 49}{space 3}0.024{col 57}{space 4}  7.99978{col 70}{space 3} 115.3071
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2} 505.6324{col 29}{space 2} 93.28197{col 40}{space 1}    5.42{col 49}{space 3}0.000{col 57}{space 4} 321.9102{col 70}{space 3} 689.3547
{txt}{space 10}1949  {c |}{col 17}{res}{space 2} 532.4689{col 29}{space 2} 93.22681{col 40}{space 1}    5.71{col 49}{space 3}0.000{col 57}{space 4} 348.8552{col 70}{space 3} 716.0825
{txt}{space 10}1950  {c |}{col 17}{res}{space 2} 829.0005{col 29}{space 2} 93.14084{col 40}{space 1}    8.90{col 49}{space 3}0.000{col 57}{space 4} 645.5562{col 70}{space 3} 1012.445
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} 594.0322{col 29}{space 2} 92.91265{col 40}{space 1}    6.39{col 49}{space 3}0.000{col 57}{space 4} 411.0373{col 70}{space 3} 777.0271
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} 633.3072{col 29}{space 2} 92.94017{col 40}{space 1}    6.81{col 49}{space 3}0.000{col 57}{space 4} 450.2581{col 70}{space 3} 816.3563
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 611.7939{col 29}{space 2} 93.08728{col 40}{space 1}    6.57{col 49}{space 3}0.000{col 57}{space 4} 428.4551{col 70}{space 3} 795.1328
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} 498.3049{col 29}{space 2} 93.18293{col 40}{space 1}    5.35{col 49}{space 3}0.000{col 57}{space 4} 314.7776{col 70}{space 3} 681.8321
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}  842.266{col 29}{space 2} 93.20575{col 40}{space 1}    9.04{col 49}{space 3}0.000{col 57}{space 4} 658.6938{col 70}{space 3} 1025.838
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} 714.9363{col 29}{space 2} 93.93673{col 40}{space 1}    7.61{col 49}{space 3}0.000{col 57}{space 4} 529.9244{col 70}{space 3} 899.9481
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 398.2531{col 29}{space 2} 94.64127{col 40}{space 1}    4.21{col 49}{space 3}0.000{col 57}{space 4} 211.8537{col 70}{space 3} 584.6526
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} 487.7996{col 29}{space 2} 94.34058{col 40}{space 1}    5.17{col 49}{space 3}0.000{col 57}{space 4} 301.9923{col 70}{space 3} 673.6068
{txt}{space 10}1959  {c |}{col 17}{res}{space 2} 731.2281{col 29}{space 2} 94.40783{col 40}{space 1}    7.75{col 49}{space 3}0.000{col 57}{space 4} 545.2884{col 70}{space 3} 917.1678
{txt}{space 10}1960  {c |}{col 17}{res}{space 2} 510.5384{col 29}{space 2} 95.19556{col 40}{space 1}    5.36{col 49}{space 3}0.000{col 57}{space 4} 323.0472{col 70}{space 3} 698.0295
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} 597.8461{col 29}{space 2} 95.33798{col 40}{space 1}    6.27{col 49}{space 3}0.000{col 57}{space 4} 410.0744{col 70}{space 3} 785.6177
{txt}{space 10}1962  {c |}{col 17}{res}{space 2} 714.9757{col 29}{space 2} 95.71127{col 40}{space 1}    7.47{col 49}{space 3}0.000{col 57}{space 4} 526.4688{col 70}{space 3} 903.4826
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 712.3084{col 29}{space 2} 96.82329{col 40}{space 1}    7.36{col 49}{space 3}0.000{col 57}{space 4} 521.6114{col 70}{space 3} 903.0055
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 877.7857{col 29}{space 2}    97.98{col 40}{space 1}    8.96{col 49}{space 3}0.000{col 57}{space 4} 684.8104{col 70}{space 3} 1070.761
{txt}{space 10}1965  {c |}{col 17}{res}{space 2} 875.2843{col 29}{space 2} 100.2818{col 40}{space 1}    8.73{col 49}{space 3}0.000{col 57}{space 4} 677.7756{col 70}{space 3} 1072.793
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} 895.3019{col 29}{space 2} 102.9382{col 40}{space 1}    8.70{col 49}{space 3}0.000{col 57}{space 4} 692.5613{col 70}{space 3} 1098.043
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 920.2455{col 29}{space 2} 108.5391{col 40}{space 1}    8.48{col 49}{space 3}0.000{col 57}{space 4} 706.4738{col 70}{space 3} 1134.017
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 973.2493{col 29}{space 2} 111.4588{col 40}{space 1}    8.73{col 49}{space 3}0.000{col 57}{space 4}  753.727{col 70}{space 3} 1192.772
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 969.1511{col 29}{space 2} 115.9313{col 40}{space 1}    8.36{col 49}{space 3}0.000{col 57}{space 4} 740.8202{col 70}{space 3} 1197.482
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 712.6929{col 29}{space 2}  120.587{col 40}{space 1}    5.91{col 49}{space 3}0.000{col 57}{space 4} 475.1923{col 70}{space 3} 950.1935
{txt}{space 10}1971  {c |}{col 17}{res}{space 2} 810.8533{col 29}{space 2} 122.5309{col 40}{space 1}    6.62{col 49}{space 3}0.000{col 57}{space 4} 569.5242{col 70}{space 3} 1052.182
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 1164.255{col 29}{space 2} 124.7311{col 40}{space 1}    9.33{col 49}{space 3}0.000{col 57}{space 4} 918.5921{col 70}{space 3} 1409.917
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 1057.968{col 29}{space 2} 133.0672{col 40}{space 1}    7.95{col 49}{space 3}0.000{col 57}{space 4} 795.8875{col 70}{space 3} 1320.049
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 389.6978{col 29}{space 2} 139.7433{col 40}{space 1}    2.79{col 49}{space 3}0.006{col 57}{space 4} 114.4683{col 70}{space 3} 664.9273
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} 430.4827{col 29}{space 2} 138.3724{col 40}{space 1}    3.11{col 49}{space 3}0.002{col 57}{space 4} 157.9532{col 70}{space 3} 703.0122
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} 957.4974{col 29}{space 2} 133.4445{col 40}{space 1}    7.18{col 49}{space 3}0.000{col 57}{space 4} 694.6735{col 70}{space 3} 1220.321
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} 844.5813{col 29}{space 2} 138.2104{col 40}{space 1}    6.11{col 49}{space 3}0.000{col 57}{space 4} 572.3709{col 70}{space 3} 1116.792
{txt}{space 10}1978  {c |}{col 17}{res}{space 2} 1037.187{col 29}{space 2} 141.6693{col 40}{space 1}    7.32{col 49}{space 3}0.000{col 57}{space 4} 758.1636{col 70}{space 3}  1316.21
{txt}{space 10}1979  {c |}{col 17}{res}{space 2} 560.7612{col 29}{space 2} 148.0629{col 40}{space 1}    3.79{col 49}{space 3}0.000{col 57}{space 4} 269.1457{col 70}{space 3} 852.3766
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 406.6244{col 29}{space 2} 148.1796{col 40}{space 1}    2.74{col 49}{space 3}0.007{col 57}{space 4} 114.7792{col 70}{space 3} 698.4697
{txt}{space 10}1981  {c |}{col 17}{res}{space 2} 774.9014{col 29}{space 2} 146.7846{col 40}{space 1}    5.28{col 49}{space 3}0.000{col 57}{space 4} 485.8037{col 70}{space 3} 1063.999
{txt}{space 10}1982  {c |}{col 17}{res}{space 2} 611.1283{col 29}{space 2} 150.0626{col 40}{space 1}    4.07{col 49}{space 3}0.000{col 57}{space 4} 315.5745{col 70}{space 3}  906.682
{txt}{space 10}1983  {c |}{col 17}{res}{space 2} 1003.492{col 29}{space 2} 150.6876{col 40}{space 1}    6.66{col 49}{space 3}0.000{col 57}{space 4} 706.7068{col 70}{space 3} 1300.276
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 1249.182{col 29}{space 2} 155.2152{col 40}{space 1}    8.05{col 49}{space 3}0.000{col 57}{space 4} 943.4797{col 70}{space 3} 1554.884
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 981.2178{col 29}{space 2} 165.2871{col 40}{space 1}    5.94{col 49}{space 3}0.000{col 57}{space 4} 655.6786{col 70}{space 3} 1306.757
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} 989.7082{col 29}{space 2} 171.4761{col 40}{space 1}    5.77{col 49}{space 3}0.000{col 57}{space 4} 651.9796{col 70}{space 3} 1327.437
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 795.1388{col 29}{space 2} 177.1712{col 40}{space 1}    4.49{col 49}{space 3}0.000{col 57}{space 4} 446.1936{col 70}{space 3} 1144.084
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} 986.5904{col 29}{space 2} 180.1927{col 40}{space 1}    5.48{col 49}{space 3}0.000{col 57}{space 4} 631.6942{col 70}{space 3} 1341.487
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 889.8039{col 29}{space 2} 186.1044{col 40}{space 1}    4.78{col 49}{space 3}0.000{col 57}{space 4} 523.2645{col 70}{space 3} 1256.343
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}  546.407{col 29}{space 2}  190.821{col 40}{space 1}    2.86{col 49}{space 3}0.005{col 57}{space 4}  170.578{col 70}{space 3}  922.236
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}  436.203{col 29}{space 2} 189.5958{col 40}{space 1}    2.30{col 49}{space 3}0.022{col 57}{space 4} 62.78716{col 70}{space 3} 809.6188
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 911.4322{col 29}{space 2} 186.8476{col 40}{space 1}    4.88{col 49}{space 3}0.000{col 57}{space 4}  543.429{col 70}{space 3} 1279.435
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 743.3672{col 29}{space 2}  192.172{col 40}{space 1}    3.87{col 49}{space 3}0.000{col 57}{space 4} 364.8773{col 70}{space 3} 1121.857
{txt}{space 10}1994  {c |}{col 17}{res}{space 2} 880.0597{col 29}{space 2} 194.6986{col 40}{space 1}    4.52{col 49}{space 3}0.000{col 57}{space 4} 496.5937{col 70}{space 3} 1263.526
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 898.2986{col 29}{space 2} 200.1536{col 40}{space 1}    4.49{col 49}{space 3}0.000{col 57}{space 4} 504.0888{col 70}{space 3} 1292.508
{txt}{space 10}1996  {c |}{col 17}{res}{space 2}  963.154{col 29}{space 2} 205.4863{col 40}{space 1}    4.69{col 49}{space 3}0.000{col 57}{space 4} 558.4412{col 70}{space 3} 1367.867
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 1065.421{col 29}{space 2} 210.1614{col 40}{space 1}    5.07{col 49}{space 3}0.000{col 57}{space 4} 651.5004{col 70}{space 3} 1479.342
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 1341.008{col 29}{space 2} 216.3474{col 40}{space 1}    6.20{col 49}{space 3}0.000{col 57}{space 4} 914.9039{col 70}{space 3} 1767.112
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 991.9387{col 29}{space 2} 226.1324{col 40}{space 1}    4.39{col 49}{space 3}0.000{col 57}{space 4} 546.5626{col 70}{space 3} 1437.315
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 1219.813{col 29}{space 2} 229.6726{col 40}{space 1}    5.31{col 49}{space 3}0.000{col 57}{space 4} 767.4642{col 70}{space 3} 1672.162
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 708.5908{col 29}{space 2}  237.891{col 40}{space 1}    2.98{col 49}{space 3}0.003{col 57}{space 4} 240.0557{col 70}{space 3} 1177.126
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}  557.682{col 29}{space 2} 237.9971{col 40}{space 1}    2.34{col 49}{space 3}0.020{col 57}{space 4} 88.93791{col 70}{space 3} 1026.426
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 723.6952{col 29}{space 2} 235.4545{col 40}{space 1}    3.07{col 49}{space 3}0.002{col 57}{space 4}  259.959{col 70}{space 3} 1187.431
{txt}{space 10}2004  {c |}{col 17}{res}{space 2}  1113.09{col 29}{space 2} 235.9328{col 40}{space 1}    4.72{col 49}{space 3}0.000{col 57}{space 4} 648.4115{col 70}{space 3} 1577.768
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 1072.037{col 29}{space 2} 242.5022{col 40}{space 1}    4.42{col 49}{space 3}0.000{col 57}{space 4} 594.4205{col 70}{space 3} 1549.654
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 1102.069{col 29}{space 2} 247.9905{col 40}{space 1}    4.44{col 49}{space 3}0.000{col 57}{space 4} 613.6421{col 70}{space 3} 1590.495
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 954.6479{col 29}{space 2}  254.437{col 40}{space 1}    3.75{col 49}{space 3}0.000{col 57}{space 4} 453.5248{col 70}{space 3} 1455.771
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 598.2807{col 29}{space 2} 258.5183{col 40}{space 1}    2.31{col 49}{space 3}0.021{col 57}{space 4} 89.11943{col 70}{space 3} 1107.442
{txt}{space 10}2009  {c |}{col 17}{res}{space 2} -218.999{col 29}{space 2} 257.2975{col 40}{space 1}   -0.85{col 49}{space 3}0.396{col 57}{space 4}-725.7558{col 70}{space 3} 287.7578
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} 847.1406{col 29}{space 2} 242.7906{col 40}{space 1}    3.49{col 49}{space 3}0.001{col 57}{space 4} 368.9555{col 70}{space 3} 1325.326
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} -401.701{col 29}{space 2} 119.6258{col 40}{space 1}   -3.36{col 49}{space 3}0.001{col 57}{space 4}-637.3085{col 70}{space 3}-166.0935
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       320{col 27}-2275.833{col 38}-2010.621{col 49}    71{col 58} 4163.242{col 69} 4430.793
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. 
. //PC (1,1) to (5,4)
. 
. newey d.klarnerranney l.klarnerranney l.real_pc_inc_ann d.real_pc_inc_ann i.state_fips i.year if allstatesfullpc!=. & newsouth==1, lag(8) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       320
{txt}maximum lag: {res}8{col 49}{txt}F( 70,       249){col 67}= {res}      5.67
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}  Newey-West
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1742448{col 29}{space 2}   .04172{col 40}{space 1}   -4.18{col 49}{space 3}0.000{col 57}{space 4}-.2564138{col 70}{space 3}-.0920758
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0007571{col 29}{space 2} .0006071{col 40}{space 1}    1.25{col 49}{space 3}0.213{col 57}{space 4}-.0004385{col 70}{space 3} .0019528
{txt}{space 12}D1. {c |}{col 17}{res}{space 2}-.0000475{col 29}{space 2} .0021196{col 40}{space 1}   -0.02{col 49}{space 3}0.982{col 57}{space 4}-.0042222{col 70}{space 3} .0041272
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2}-1.681802{col 29}{space 2} 1.963238{col 40}{space 1}   -0.86{col 49}{space 3}0.392{col 57}{space 4}-5.548472{col 70}{space 3} 2.184868
{txt}{space 12}37  {c |}{col 17}{res}{space 2}  -.15702{col 29}{space 2} 1.830015{col 40}{space 1}   -0.09{col 49}{space 3}0.932{col 57}{space 4}-3.761301{col 70}{space 3} 3.447261
{txt}{space 12}48  {c |}{col 17}{res}{space 2}-1.552429{col 29}{space 2} 1.693945{col 40}{space 1}   -0.92{col 49}{space 3}0.360{col 57}{space 4}-4.888715{col 70}{space 3} 1.783857
{txt}{space 12}51  {c |}{col 17}{res}{space 2}-.3693917{col 29}{space 2} 1.235531{col 40}{space 1}   -0.30{col 49}{space 3}0.765{col 57}{space 4}-2.802816{col 70}{space 3} 2.064032
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2} .4367977{col 29}{space 2}  1.43775{col 40}{space 1}    0.30{col 49}{space 3}0.762{col 57}{space 4}-2.394903{col 70}{space 3} 3.268499
{txt}{space 10}1949  {c |}{col 17}{res}{space 2} .5421313{col 29}{space 2} 1.384561{col 40}{space 1}    0.39{col 49}{space 3}0.696{col 57}{space 4}-2.184812{col 70}{space 3} 3.269075
{txt}{space 10}1950  {c |}{col 17}{res}{space 2} .5377263{col 29}{space 2} 1.951355{col 40}{space 1}    0.28{col 49}{space 3}0.783{col 57}{space 4} -3.30554{col 70}{space 3} 4.380992
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} .3817946{col 29}{space 2} 1.473261{col 40}{space 1}    0.26{col 49}{space 3}0.796{col 57}{space 4}-2.519848{col 70}{space 3} 3.283437
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} .8217722{col 29}{space 2} 1.544796{col 40}{space 1}    0.53{col 49}{space 3}0.595{col 57}{space 4}-2.220761{col 70}{space 3} 3.864305
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 2.305167{col 29}{space 2} 1.794162{col 40}{space 1}    1.28{col 49}{space 3}0.200{col 57}{space 4}-1.228501{col 70}{space 3} 5.838835
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} .5313617{col 29}{space 2} 1.248055{col 40}{space 1}    0.43{col 49}{space 3}0.671{col 57}{space 4}-1.926729{col 70}{space 3} 2.989453
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}-.1271004{col 29}{space 2} 2.060274{col 40}{space 1}   -0.06{col 49}{space 3}0.951{col 57}{space 4}-4.184885{col 70}{space 3} 3.930685
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} .1384676{col 29}{space 2} 1.636223{col 40}{space 1}    0.08{col 49}{space 3}0.933{col 57}{space 4}-3.084134{col 70}{space 3}  3.36107
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 1.249066{col 29}{space 2} 1.811941{col 40}{space 1}    0.69{col 49}{space 3}0.491{col 57}{space 4}-2.319618{col 70}{space 3} 4.817751
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} .2478031{col 29}{space 2} 1.307943{col 40}{space 1}    0.19{col 49}{space 3}0.850{col 57}{space 4} -2.32824{col 70}{space 3} 2.823846
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-2.477204{col 29}{space 2} 2.699938{col 40}{space 1}   -0.92{col 49}{space 3}0.360{col 57}{space 4}-7.794832{col 70}{space 3} 2.840424
{txt}{space 10}1960  {c |}{col 17}{res}{space 2} -.612575{col 29}{space 2} 1.362601{col 40}{space 1}   -0.45{col 49}{space 3}0.653{col 57}{space 4}-3.296269{col 70}{space 3} 2.071119
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} 2.423205{col 29}{space 2} 2.581364{col 40}{space 1}    0.94{col 49}{space 3}0.349{col 57}{space 4}-2.660887{col 70}{space 3} 7.507297
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}-.3673736{col 29}{space 2} 1.844722{col 40}{space 1}   -0.20{col 49}{space 3}0.842{col 57}{space 4}-4.000622{col 70}{space 3} 3.265875
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 3.053705{col 29}{space 2} 1.915578{col 40}{space 1}    1.59{col 49}{space 3}0.112{col 57}{space 4}-.7190961{col 70}{space 3} 6.826506
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 2.661609{col 29}{space 2} 2.385255{col 40}{space 1}    1.12{col 49}{space 3}0.266{col 57}{space 4}-2.036239{col 70}{space 3} 7.359458
{txt}{space 10}1965  {c |}{col 17}{res}{space 2} .5106073{col 29}{space 2} 4.568928{col 40}{space 1}    0.11{col 49}{space 3}0.911{col 57}{space 4}-8.488064{col 70}{space 3} 9.509279
{txt}{space 10}1966  {c |}{col 17}{res}{space 2}  2.32853{col 29}{space 2} 3.196607{col 40}{space 1}    0.73{col 49}{space 3}0.467{col 57}{space 4}-3.967304{col 70}{space 3} 8.624365
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 16.33945{col 29}{space 2}  11.7944{col 40}{space 1}    1.39{col 49}{space 3}0.167{col 57}{space 4}-6.890056{col 70}{space 3} 39.56896
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 5.939685{col 29}{space 2} 3.211551{col 40}{space 1}    1.85{col 49}{space 3}0.066{col 57}{space 4}-.3855838{col 70}{space 3} 12.26495
{txt}{space 10}1969  {c |}{col 17}{res}{space 2}  3.93095{col 29}{space 2}  4.44602{col 40}{space 1}    0.88{col 49}{space 3}0.377{col 57}{space 4}-4.825651{col 70}{space 3} 12.68755
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 5.518152{col 29}{space 2} 4.299691{col 40}{space 1}    1.28{col 49}{space 3}0.201{col 57}{space 4}-2.950248{col 70}{space 3} 13.98655
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}-1.301321{col 29}{space 2} 4.009881{col 40}{space 1}   -0.32{col 49}{space 3}0.746{col 57}{space 4} -9.19893{col 70}{space 3} 6.596288
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 2.211567{col 29}{space 2} 3.982016{col 40}{space 1}    0.56{col 49}{space 3}0.579{col 57}{space 4} -5.63116{col 70}{space 3} 10.05429
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 12.60635{col 29}{space 2}  5.77482{col 40}{space 1}    2.18{col 49}{space 3}0.030{col 57}{space 4} 1.232632{col 70}{space 3} 23.98007
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 3.875236{col 29}{space 2} 4.276748{col 40}{space 1}    0.91{col 49}{space 3}0.366{col 57}{space 4}-4.547977{col 70}{space 3} 12.29845
{txt}{space 10}1975  {c |}{col 17}{res}{space 2}-11.50201{col 29}{space 2} 8.696355{col 40}{space 1}   -1.32{col 49}{space 3}0.187{col 57}{space 4} -28.6298{col 70}{space 3} 5.625784
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-1.181572{col 29}{space 2} 4.326966{col 40}{space 1}   -0.27{col 49}{space 3}0.785{col 57}{space 4} -9.70369{col 70}{space 3} 7.340546
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}-1.299799{col 29}{space 2} 4.088248{col 40}{space 1}   -0.32{col 49}{space 3}0.751{col 57}{space 4}-9.351754{col 70}{space 3} 6.752156
{txt}{space 10}1978  {c |}{col 17}{res}{space 2} .5539688{col 29}{space 2} 4.341629{col 40}{space 1}    0.13{col 49}{space 3}0.899{col 57}{space 4}-7.997031{col 70}{space 3} 9.104968
{txt}{space 10}1979  {c |}{col 17}{res}{space 2} 3.270863{col 29}{space 2} 4.757063{col 40}{space 1}    0.69{col 49}{space 3}0.492{col 57}{space 4}-6.098347{col 70}{space 3} 12.64007
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 3.229024{col 29}{space 2} 4.798768{col 40}{space 1}    0.67{col 49}{space 3}0.502{col 57}{space 4}-6.222325{col 70}{space 3} 12.68037
{txt}{space 10}1981  {c |}{col 17}{res}{space 2}  9.96753{col 29}{space 2} 5.507056{col 40}{space 1}    1.81{col 49}{space 3}0.072{col 57}{space 4}-.8788196{col 70}{space 3} 20.81388
{txt}{space 10}1982  {c |}{col 17}{res}{space 2} 4.289819{col 29}{space 2}  5.02865{col 40}{space 1}    0.85{col 49}{space 3}0.394{col 57}{space 4}-5.614292{col 70}{space 3} 14.19393
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-4.375795{col 29}{space 2} 5.198646{col 40}{space 1}   -0.84{col 49}{space 3}0.401{col 57}{space 4}-14.61472{col 70}{space 3}  5.86313
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 1.337932{col 29}{space 2}  5.00605{col 40}{space 1}    0.27{col 49}{space 3}0.789{col 57}{space 4}-8.521668{col 70}{space 3} 11.19753
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 11.27584{col 29}{space 2} 7.438081{col 40}{space 1}    1.52{col 49}{space 3}0.131{col 57}{space 4} -3.37374{col 70}{space 3} 25.92541
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} 2.721443{col 29}{space 2} 5.691958{col 40}{space 1}    0.48{col 49}{space 3}0.633{col 57}{space 4}-8.489078{col 70}{space 3} 13.93196
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 5.548084{col 29}{space 2} 6.379891{col 40}{space 1}    0.87{col 49}{space 3}0.385{col 57}{space 4}-7.017347{col 70}{space 3} 18.11351
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} 2.970257{col 29}{space 2} 5.978801{col 40}{space 1}    0.50{col 49}{space 3}0.620{col 57}{space 4}-8.805213{col 70}{space 3} 14.74573
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 9.685155{col 29}{space 2} 6.654692{col 40}{space 1}    1.46{col 49}{space 3}0.147{col 57}{space 4}-3.421507{col 70}{space 3} 22.79182
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}  4.37542{col 29}{space 2} 6.389328{col 40}{space 1}    0.68{col 49}{space 3}0.494{col 57}{space 4}-8.208597{col 70}{space 3} 16.95944
{txt}{space 10}1991  {c |}{col 17}{res}{space 2} 2.568196{col 29}{space 2} 6.331732{col 40}{space 1}    0.41{col 49}{space 3}0.685{col 57}{space 4}-9.902383{col 70}{space 3} 15.03878
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 8.949715{col 29}{space 2} 7.349611{col 40}{space 1}    1.22{col 49}{space 3}0.224{col 57}{space 4}-5.525615{col 70}{space 3} 23.42505
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 11.01457{col 29}{space 2} 7.225731{col 40}{space 1}    1.52{col 49}{space 3}0.129{col 57}{space 4}-3.216778{col 70}{space 3} 25.24591
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}  7.29257{col 29}{space 2}  6.80448{col 40}{space 1}    1.07{col 49}{space 3}0.285{col 57}{space 4}-6.109104{col 70}{space 3} 20.69424
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 19.25881{col 29}{space 2} 9.146825{col 40}{space 1}    2.11{col 49}{space 3}0.036{col 57}{space 4} 1.243803{col 70}{space 3} 37.27382
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 8.531114{col 29}{space 2}  7.71393{col 40}{space 1}    1.11{col 49}{space 3}0.270{col 57}{space 4}-6.661755{col 70}{space 3} 23.72398
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 9.388461{col 29}{space 2} 8.912324{col 40}{space 1}    1.05{col 49}{space 3}0.293{col 57}{space 4}-8.164689{col 70}{space 3} 26.94161
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 7.697247{col 29}{space 2} 8.094558{col 40}{space 1}    0.95{col 49}{space 3}0.343{col 57}{space 4}-8.245284{col 70}{space 3} 23.63978
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 1.290211{col 29}{space 2} 9.754751{col 40}{space 1}    0.13{col 49}{space 3}0.895{col 57}{space 4}-17.92213{col 70}{space 3} 20.50255
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 5.677123{col 29}{space 2} 8.277215{col 40}{space 1}    0.69{col 49}{space 3}0.493{col 57}{space 4}-10.62516{col 70}{space 3}  21.9794
{txt}{space 10}2001  {c |}{col 17}{res}{space 2}  4.97105{col 29}{space 2} 8.940974{col 40}{space 1}    0.56{col 49}{space 3}0.579{col 57}{space 4}-12.63853{col 70}{space 3} 22.58063
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}  2.74375{col 29}{space 2} 8.177109{col 40}{space 1}    0.34{col 49}{space 3}0.738{col 57}{space 4}-13.36137{col 70}{space 3} 18.84887
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 4.472881{col 29}{space 2} 10.27094{col 40}{space 1}    0.44{col 49}{space 3}0.664{col 57}{space 4}-15.75611{col 70}{space 3} 24.70187
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 4.831995{col 29}{space 2}  8.54387{col 40}{space 1}    0.57{col 49}{space 3}0.572{col 57}{space 4}-11.99547{col 70}{space 3} 21.65946
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 1.583138{col 29}{space 2} 9.074714{col 40}{space 1}    0.17{col 49}{space 3}0.862{col 57}{space 4}-16.28985{col 70}{space 3} 19.45612
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 3.824363{col 29}{space 2} 8.992386{col 40}{space 1}    0.43{col 49}{space 3}0.671{col 57}{space 4}-13.88647{col 70}{space 3}  21.5352
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 2.976263{col 29}{space 2} 8.826602{col 40}{space 1}    0.34{col 49}{space 3}0.736{col 57}{space 4}-14.40806{col 70}{space 3} 20.36058
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 6.285064{col 29}{space 2} 8.974784{col 40}{space 1}    0.70{col 49}{space 3}0.484{col 57}{space 4} -11.3911{col 70}{space 3} 23.96123
{txt}{space 10}2009  {c |}{col 17}{res}{space 2} 5.005077{col 29}{space 2} 9.514102{col 40}{space 1}    0.53{col 49}{space 3}0.599{col 57}{space 4} -13.7333{col 70}{space 3} 23.74345
{txt}{space 10}2010  {c |}{col 17}{res}{space 2}-1.404851{col 29}{space 2}   8.8359{col 40}{space 1}   -0.16{col 49}{space 3}0.874{col 57}{space 4}-18.80748{col 70}{space 3} 15.99778
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-2.512184{col 29}{space 2} 4.118832{col 40}{space 1}   -0.61{col 49}{space 3}0.542{col 57}{space 4}-10.62438{col 70}{space 3} 5.600008
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. reg d.klarnerranney l.klarnerranney l.real_pc_inc_ann d.real_pc_inc_ann i.state_fips i.year if allstatesfullpcols!=. & newsouth==1

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       320
{txt}{hline 13}{c +}{hline 34}   F(70, 249)      = {res}     2.55
{txt}       Model {c |} {res} 7671.73337        70  109.596191   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 10711.2487       249  43.0170631   {txt}R-squared       ={res}    0.4173
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.2535
{txt}       Total {c |} {res} 18382.9821       319  57.6269031   {txt}Root MSE        =   {res} 6.5587

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1742448{col 29}{space 2} .0362711{col 40}{space 1}   -4.80{col 49}{space 3}0.000{col 57}{space 4}-.2456822{col 70}{space 3}-.1028074
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0007571{col 29}{space 2} .0007911{col 40}{space 1}    0.96{col 49}{space 3}0.339{col 57}{space 4}-.0008011{col 70}{space 3} .0023153
{txt}{space 12}D1. {c |}{col 17}{res}{space 2}-.0000475{col 29}{space 2} .0028296{col 40}{space 1}   -0.02{col 49}{space 3}0.987{col 57}{space 4}-.0056205{col 70}{space 3} .0055256
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2}-1.681802{col 29}{space 2} 1.575447{col 40}{space 1}   -1.07{col 49}{space 3}0.287{col 57}{space 4}-4.784703{col 70}{space 3} 1.421099
{txt}{space 12}37  {c |}{col 17}{res}{space 2}  -.15702{col 29}{space 2} 1.626206{col 40}{space 1}   -0.10{col 49}{space 3}0.923{col 57}{space 4}-3.359893{col 70}{space 3} 3.045853
{txt}{space 12}48  {c |}{col 17}{res}{space 2}-1.552429{col 29}{space 2}  1.30045{col 40}{space 1}   -1.19{col 49}{space 3}0.234{col 57}{space 4}-4.113714{col 70}{space 3} 1.008856
{txt}{space 12}51  {c |}{col 17}{res}{space 2}-.3693917{col 29}{space 2} 1.228586{col 40}{space 1}   -0.30{col 49}{space 3}0.764{col 57}{space 4}-2.789137{col 70}{space 3} 2.050353
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2} .4367977{col 29}{space 2} 4.403896{col 40}{space 1}    0.10{col 49}{space 3}0.921{col 57}{space 4}-8.236838{col 70}{space 3} 9.110433
{txt}{space 10}1949  {c |}{col 17}{res}{space 2} .5421313{col 29}{space 2} 4.426786{col 40}{space 1}    0.12{col 49}{space 3}0.903{col 57}{space 4}-8.176587{col 70}{space 3} 9.260849
{txt}{space 10}1950  {c |}{col 17}{res}{space 2} .5377263{col 29}{space 2} 4.774618{col 40}{space 1}    0.11{col 49}{space 3}0.910{col 57}{space 4}-8.866059{col 70}{space 3} 9.941512
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} .3817946{col 29}{space 2} 4.476128{col 40}{space 1}    0.09{col 49}{space 3}0.932{col 57}{space 4}-8.434104{col 70}{space 3} 9.197693
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} .8217722{col 29}{space 2} 4.519927{col 40}{space 1}    0.18{col 49}{space 3}0.856{col 57}{space 4}-8.080391{col 70}{space 3} 9.723935
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 2.305167{col 29}{space 2} 4.500134{col 40}{space 1}    0.51{col 49}{space 3}0.609{col 57}{space 4}-6.558012{col 70}{space 3} 11.16835
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} .5313617{col 29}{space 2} 4.392973{col 40}{space 1}    0.12{col 49}{space 3}0.904{col 57}{space 4} -8.12076{col 70}{space 3} 9.183484
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}-.1271004{col 29}{space 2}   4.7958{col 40}{space 1}   -0.03{col 49}{space 3}0.979{col 57}{space 4}-9.572605{col 70}{space 3} 9.318404
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} .1384676{col 29}{space 2}   4.6567{col 40}{space 1}    0.03{col 49}{space 3}0.976{col 57}{space 4}-9.033075{col 70}{space 3}  9.31001
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 1.249066{col 29}{space 2}  4.37275{col 40}{space 1}    0.29{col 49}{space 3}0.775{col 57}{space 4}-7.363227{col 70}{space 3}  9.86136
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} .2478031{col 29}{space 2} 4.432714{col 40}{space 1}    0.06{col 49}{space 3}0.955{col 57}{space 4} -8.48259{col 70}{space 3} 8.978196
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-2.477204{col 29}{space 2} 4.693168{col 40}{space 1}   -0.53{col 49}{space 3}0.598{col 57}{space 4}-11.72057{col 70}{space 3} 6.766164
{txt}{space 10}1960  {c |}{col 17}{res}{space 2} -.612575{col 29}{space 2} 4.489157{col 40}{space 1}   -0.14{col 49}{space 3}0.892{col 57}{space 4}-9.454135{col 70}{space 3} 8.228985
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} 2.423205{col 29}{space 2}  4.57814{col 40}{space 1}    0.53{col 49}{space 3}0.597{col 57}{space 4}-6.593611{col 70}{space 3} 11.44002
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}-.3673736{col 29}{space 2} 4.728191{col 40}{space 1}   -0.08{col 49}{space 3}0.938{col 57}{space 4} -9.67972{col 70}{space 3} 8.944973
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 3.053705{col 29}{space 2} 4.766052{col 40}{space 1}    0.64{col 49}{space 3}0.522{col 57}{space 4}-6.333211{col 70}{space 3} 12.44062
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 2.661609{col 29}{space 2} 5.027947{col 40}{space 1}    0.53{col 49}{space 3}0.597{col 57}{space 4}-7.241119{col 70}{space 3} 12.56434
{txt}{space 10}1965  {c |}{col 17}{res}{space 2} .5106073{col 29}{space 2} 5.116872{col 40}{space 1}    0.10{col 49}{space 3}0.921{col 57}{space 4}-9.567261{col 70}{space 3} 10.58848
{txt}{space 10}1966  {c |}{col 17}{res}{space 2}  2.32853{col 29}{space 2} 5.246112{col 40}{space 1}    0.44{col 49}{space 3}0.658{col 57}{space 4}-8.003881{col 70}{space 3} 12.66094
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 16.33945{col 29}{space 2} 5.403266{col 40}{space 1}    3.02{col 49}{space 3}0.003{col 57}{space 4}  5.69752{col 70}{space 3} 26.98138
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 5.939685{col 29}{space 2} 5.675384{col 40}{space 1}    1.05{col 49}{space 3}0.296{col 57}{space 4}-5.238193{col 70}{space 3} 17.11756
{txt}{space 10}1969  {c |}{col 17}{res}{space 2}  3.93095{col 29}{space 2} 5.852642{col 40}{space 1}    0.67{col 49}{space 3}0.502{col 57}{space 4}-7.596045{col 70}{space 3} 15.45794
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 5.518152{col 29}{space 2}  5.73891{col 40}{space 1}    0.96{col 49}{space 3}0.337{col 57}{space 4}-5.784843{col 70}{space 3} 16.82115
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}-1.301321{col 29}{space 2} 5.932133{col 40}{space 1}   -0.22{col 49}{space 3}0.827{col 57}{space 4}-12.98488{col 70}{space 3} 10.38223
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 2.211567{col 29}{space 2} 6.469212{col 40}{space 1}    0.34{col 49}{space 3}0.733{col 57}{space 4}-10.52978{col 70}{space 3} 14.95292
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 12.60635{col 29}{space 2} 6.604958{col 40}{space 1}    1.91{col 49}{space 3}0.057{col 57}{space 4}-.4023561{col 70}{space 3} 25.61506
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 3.875236{col 29}{space 2} 6.331548{col 40}{space 1}    0.61{col 49}{space 3}0.541{col 57}{space 4}-8.594981{col 70}{space 3} 16.34545
{txt}{space 10}1975  {c |}{col 17}{res}{space 2}-11.50201{col 29}{space 2} 6.255016{col 40}{space 1}   -1.84{col 49}{space 3}0.067{col 57}{space 4}-23.82149{col 70}{space 3} .8174754
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-1.181572{col 29}{space 2} 6.545016{col 40}{space 1}   -0.18{col 49}{space 3}0.857{col 57}{space 4}-14.07222{col 70}{space 3} 11.70908
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}-1.299799{col 29}{space 2} 6.617249{col 40}{space 1}   -0.20{col 49}{space 3}0.844{col 57}{space 4}-14.33271{col 70}{space 3} 11.73312
{txt}{space 10}1978  {c |}{col 17}{res}{space 2} .5539688{col 29}{space 2} 6.973202{col 40}{space 1}    0.08{col 49}{space 3}0.937{col 57}{space 4}-13.18001{col 70}{space 3} 14.28795
{txt}{space 10}1979  {c |}{col 17}{res}{space 2} 3.270863{col 29}{space 2} 6.795691{col 40}{space 1}    0.48{col 49}{space 3}0.631{col 57}{space 4} -10.1135{col 70}{space 3} 16.65523
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 3.229024{col 29}{space 2} 6.712492{col 40}{space 1}    0.48{col 49}{space 3}0.631{col 57}{space 4}-9.991475{col 70}{space 3} 16.44952
{txt}{space 10}1981  {c |}{col 17}{res}{space 2}  9.96753{col 29}{space 2} 6.882152{col 40}{space 1}    1.45{col 49}{space 3}0.149{col 57}{space 4}-3.587122{col 70}{space 3} 23.52218
{txt}{space 10}1982  {c |}{col 17}{res}{space 2} 4.289819{col 29}{space 2} 6.914591{col 40}{space 1}    0.62{col 49}{space 3}0.536{col 57}{space 4}-9.328723{col 70}{space 3} 17.90836
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-4.375795{col 29}{space 2} 7.297653{col 40}{space 1}   -0.60{col 49}{space 3}0.549{col 57}{space 4}-18.74879{col 70}{space 3} 9.997203
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 1.337932{col 29}{space 2} 7.779341{col 40}{space 1}    0.17{col 49}{space 3}0.864{col 57}{space 4}-13.98377{col 70}{space 3} 16.65963
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 11.27584{col 29}{space 2} 7.852713{col 40}{space 1}    1.44{col 49}{space 3}0.152{col 57}{space 4}-4.190372{col 70}{space 3} 26.74204
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} 2.721443{col 29}{space 2}  8.15078{col 40}{space 1}    0.33{col 49}{space 3}0.739{col 57}{space 4}-13.33182{col 70}{space 3} 18.77471
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 5.548084{col 29}{space 2} 8.217018{col 40}{space 1}    0.68{col 49}{space 3}0.500{col 57}{space 4}-10.63564{col 70}{space 3}  21.7318
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} 2.970257{col 29}{space 2} 8.514195{col 40}{space 1}    0.35{col 49}{space 3}0.727{col 57}{space 4}-13.79876{col 70}{space 3} 19.73928
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 9.685155{col 29}{space 2} 8.661022{col 40}{space 1}    1.12{col 49}{space 3}0.265{col 57}{space 4}-7.373048{col 70}{space 3} 26.74336
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}  4.37542{col 29}{space 2}  8.65498{col 40}{space 1}    0.51{col 49}{space 3}0.614{col 57}{space 4}-12.67088{col 70}{space 3} 21.42172
{txt}{space 10}1991  {c |}{col 17}{res}{space 2} 2.568196{col 29}{space 2} 8.553524{col 40}{space 1}    0.30{col 49}{space 3}0.764{col 57}{space 4}-14.27828{col 70}{space 3} 19.41468
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 8.949715{col 29}{space 2} 8.713946{col 40}{space 1}    1.03{col 49}{space 3}0.305{col 57}{space 4}-8.212723{col 70}{space 3} 26.11215
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 11.01457{col 29}{space 2} 8.807038{col 40}{space 1}    1.25{col 49}{space 3}0.212{col 57}{space 4} -6.33122{col 70}{space 3} 28.36035
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}  7.29257{col 29}{space 2} 9.031226{col 40}{space 1}    0.81{col 49}{space 3}0.420{col 57}{space 4}-10.49476{col 70}{space 3}  25.0799
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 19.25881{col 29}{space 2} 9.210915{col 40}{space 1}    2.09{col 49}{space 3}0.038{col 57}{space 4} 1.117575{col 70}{space 3} 37.40005
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 8.531114{col 29}{space 2} 9.556019{col 40}{space 1}    0.89{col 49}{space 3}0.373{col 57}{space 4}-10.28982{col 70}{space 3} 27.35205
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 9.388461{col 29}{space 2}  9.83824{col 40}{space 1}    0.95{col 49}{space 3}0.341{col 57}{space 4}-9.988315{col 70}{space 3} 28.76524
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 7.697247{col 29}{space 2} 10.36711{col 40}{space 1}    0.74{col 49}{space 3}0.459{col 57}{space 4}-12.72116{col 70}{space 3} 28.11566
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 1.290211{col 29}{space 2} 10.47949{col 40}{space 1}    0.12{col 49}{space 3}0.902{col 57}{space 4}-19.34954{col 70}{space 3} 21.92996
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 5.677123{col 29}{space 2} 10.81432{col 40}{space 1}    0.52{col 49}{space 3}0.600{col 57}{space 4}-15.62209{col 70}{space 3} 26.97633
{txt}{space 10}2001  {c |}{col 17}{res}{space 2}  4.97105{col 29}{space 2} 10.80497{col 40}{space 1}    0.46{col 49}{space 3}0.646{col 57}{space 4}-16.30973{col 70}{space 3} 26.25183
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}  2.74375{col 29}{space 2} 10.74184{col 40}{space 1}    0.26{col 49}{space 3}0.799{col 57}{space 4}-18.41269{col 70}{space 3} 23.90019
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 4.472881{col 29}{space 2} 10.70701{col 40}{space 1}    0.42{col 49}{space 3}0.676{col 57}{space 4}-16.61497{col 70}{space 3} 25.56074
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 4.831995{col 29}{space 2} 10.99104{col 40}{space 1}    0.44{col 49}{space 3}0.661{col 57}{space 4}-16.81526{col 70}{space 3} 26.47925
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 1.583138{col 29}{space 2} 11.24431{col 40}{space 1}    0.14{col 49}{space 3}0.888{col 57}{space 4}-20.56295{col 70}{space 3} 23.72922
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 3.824363{col 29}{space 2} 11.50111{col 40}{space 1}    0.33{col 49}{space 3}0.740{col 57}{space 4} -18.8275{col 70}{space 3} 26.47623
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 2.976263{col 29}{space 2} 11.67598{col 40}{space 1}    0.25{col 49}{space 3}0.799{col 57}{space 4}   -20.02{col 70}{space 3} 25.97253
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 6.285064{col 29}{space 2} 11.65968{col 40}{space 1}    0.54{col 49}{space 3}0.590{col 57}{space 4} -16.6791{col 70}{space 3} 29.24923
{txt}{space 10}2009  {c |}{col 17}{res}{space 2} 5.005077{col 29}{space 2} 11.50081{col 40}{space 1}    0.44{col 49}{space 3}0.664{col 57}{space 4} -17.6462{col 70}{space 3} 27.65636
{txt}{space 10}2010  {c |}{col 17}{res}{space 2}-1.404851{col 29}{space 2} 11.10225{col 40}{space 1}   -0.13{col 49}{space 3}0.899{col 57}{space 4}-23.27114{col 70}{space 3} 20.46144
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-2.512184{col 29}{space 2} 5.458649{col 40}{space 1}   -0.46{col 49}{space 3}0.646{col 57}{space 4}-13.26319{col 70}{space 3} 8.238826
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. 
. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       320{col 27}-1102.198{col 38}-1015.777{col 49}    71{col 58} 2173.554{col 69} 2441.105
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. 
. 
. //inc
. qui newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney  l4.d.real_pc_inc_ann l3.d.klarnerranney  i.state_fips i.year if newsouth==1, lag(8) force
{txt}
{com}. 
. *** 1.E.a: TEST OF REAL_PC_INC_ANN*
. test  l2.d.real_pc_inc_ann =  l.d.klarnerranney =  l3.d.real_pc_inc_ann =  l2.d.klarnerranney =  l4.d.real_pc_inc_ann =  l3.d.klarnerranney = 0

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L2D.real_pc_inc_ann - LD.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 2)}{space 1} L2D.real_pc_inc_ann - L3D.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 3)}{space 1} L2D.real_pc_inc_ann - L2D.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 4)}{space 1} L2D.real_pc_inc_ann - L4D.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 5)}{space 1} L2D.real_pc_inc_ann - L3D.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 6)}{space 1} L2D.real_pc_inc_ann = 0{p_end}

{txt}       F(  6,   242) ={res}    4.09
{txt}{col 13}Prob > F ={res}    0.0006
{txt}
{com}. 
. //pc
. qui newey d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann  l4.d.klarnerranney l3.d.real_pc_inc_ann  i.state_fips i.year if newsouth==1, lag(8) force
{txt}
{com}. 
. *** 1.E.b: TEST OF klarnerranney*
. test l2.d.klarnerranney = l.d.real_pc_inc_ann = l3.d.klarnerranney = l2.d.real_pc_inc_ann = l4.d.klarnerranney = l3.d.real_pc_inc_ann = 0

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L2D.klarnerranney - LD.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 2)}{space 1} L2D.klarnerranney - L3D.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 3)}{space 1} L2D.klarnerranney - L2D.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 4)}{space 1} L2D.klarnerranney - L4D.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 5)}{space 1} L2D.klarnerranney - L3D.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 6)}{space 1} L2D.klarnerranney = 0{p_end}

{txt}       F(  6,   242) ={res}    1.53
{txt}{col 13}Prob > F ={res}    0.1689
{txt}
{com}. 
. 
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. 
. 
. *** 1.F: NEW SOUTHERN STATES (N = 5): FULL TIME PERIOD MATCH (4,3) and (1,1) Obs
. 
. //inc (4,3)
. newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney i.state_fips i.year if newsouth==1, lag(8) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       325
{txt}maximum lag: {res}8{col 49}{txt}F( 76,       248){col 67}= {res}    109.68
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}{col 29}  Newey-West
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.0452308{col 29}{space 2} .0258441{col 40}{space 1}   -1.75{col 49}{space 3}0.081{col 57}{space 4}-.0961326{col 70}{space 3}  .005671
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} -.780631{col 29}{space 2} .9021713{col 40}{space 1}   -0.87{col 49}{space 3}0.388{col 57}{space 4}-2.557526{col 70}{space 3} .9962635
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .1546148{col 29}{space 2}  .097109{col 40}{space 1}    1.59{col 49}{space 3}0.113{col 57}{space 4}-.0366488{col 70}{space 3} .3458783
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} .2991938{col 29}{space 2} 1.036872{col 40}{space 1}    0.29{col 49}{space 3}0.773{col 57}{space 4}-1.743004{col 70}{space 3} 2.341392
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}  .234834{col 29}{space 2} .0575728{col 40}{space 1}    4.08{col 49}{space 3}0.000{col 57}{space 4}   .12144{col 70}{space 3} .3482279
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} 1.024877{col 29}{space 2}  1.11965{col 40}{space 1}    0.92{col 49}{space 3}0.361{col 57}{space 4} -1.18036{col 70}{space 3} 3.230113
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}-.0139295{col 29}{space 2} .0845221{col 40}{space 1}   -0.16{col 49}{space 3}0.869{col 57}{space 4}-.1804021{col 70}{space 3}  .152543
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} 1.448015{col 29}{space 2} 1.281275{col 40}{space 1}    1.13{col 49}{space 3}0.260{col 57}{space 4}-1.075552{col 70}{space 3} 3.971583
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2}-63.18968{col 29}{space 2} 40.62463{col 40}{space 1}   -1.56{col 49}{space 3}0.121{col 57}{space 4} -143.203{col 70}{space 3} 16.82361
{txt}{space 12}37  {c |}{col 17}{res}{space 2}-62.44733{col 29}{space 2} 42.77326{col 40}{space 1}   -1.46{col 49}{space 3}0.146{col 57}{space 4}-146.6925{col 70}{space 3} 21.79785
{txt}{space 12}48  {c |}{col 17}{res}{space 2}-27.50781{col 29}{space 2} 34.85302{col 40}{space 1}   -0.79{col 49}{space 3}0.431{col 57}{space 4}-96.15346{col 70}{space 3} 41.13785
{txt}{space 12}51  {c |}{col 17}{res}{space 2}  59.3096{col 29}{space 2} 26.50141{col 40}{space 1}    2.24{col 49}{space 3}0.026{col 57}{space 4} 7.113076{col 70}{space 3} 111.5061
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1947  {c |}{col 17}{res}{space 2} 49.15412{col 29}{space 2}  167.452{col 40}{space 1}    0.29{col 49}{space 3}0.769{col 57}{space 4}-280.6553{col 70}{space 3} 378.9635
{txt}{space 10}1948  {c |}{col 17}{res}{space 2} 674.1414{col 29}{space 2} 114.9895{col 40}{space 1}    5.86{col 49}{space 3}0.000{col 57}{space 4} 447.6608{col 70}{space 3} 900.6219
{txt}{space 10}1949  {c |}{col 17}{res}{space 2} 635.2958{col 29}{space 2} 186.8801{col 40}{space 1}    3.40{col 49}{space 3}0.001{col 57}{space 4} 267.2213{col 70}{space 3}  1003.37
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}   807.77{col 29}{space 2}  133.657{col 40}{space 1}    6.04{col 49}{space 3}0.000{col 57}{space 4} 544.5223{col 70}{space 3} 1071.018
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} 538.8871{col 29}{space 2} 120.7958{col 40}{space 1}    4.46{col 49}{space 3}0.000{col 57}{space 4} 300.9706{col 70}{space 3} 776.8036
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}  549.505{col 29}{space 2} 128.4414{col 40}{space 1}    4.28{col 49}{space 3}0.000{col 57}{space 4} 296.5299{col 70}{space 3} 802.4801
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 586.3846{col 29}{space 2} 123.4908{col 40}{space 1}    4.75{col 49}{space 3}0.000{col 57}{space 4} 343.1602{col 70}{space 3}  829.609
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} 467.1919{col 29}{space 2} 117.8687{col 40}{space 1}    3.96{col 49}{space 3}0.000{col 57}{space 4} 235.0406{col 70}{space 3} 699.3433
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} 836.0267{col 29}{space 2} 118.9573{col 40}{space 1}    7.03{col 49}{space 3}0.000{col 57}{space 4} 601.7314{col 70}{space 3} 1070.322
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} 697.3913{col 29}{space 2} 122.9987{col 40}{space 1}    5.67{col 49}{space 3}0.000{col 57}{space 4}  455.136{col 70}{space 3} 939.6466
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 325.8794{col 29}{space 2} 132.9733{col 40}{space 1}    2.45{col 49}{space 3}0.015{col 57}{space 4} 63.97851{col 70}{space 3} 587.7803
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} 496.0221{col 29}{space 2} 121.4146{col 40}{space 1}    4.09{col 49}{space 3}0.000{col 57}{space 4} 256.8869{col 70}{space 3} 735.1573
{txt}{space 10}1959  {c |}{col 17}{res}{space 2} 799.1647{col 29}{space 2} 114.5062{col 40}{space 1}    6.98{col 49}{space 3}0.000{col 57}{space 4}  573.636{col 70}{space 3} 1024.693
{txt}{space 10}1960  {c |}{col 17}{res}{space 2} 526.6036{col 29}{space 2} 129.2127{col 40}{space 1}    4.08{col 49}{space 3}0.000{col 57}{space 4} 272.1094{col 70}{space 3} 781.0979
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} 593.3621{col 29}{space 2} 131.0078{col 40}{space 1}    4.53{col 49}{space 3}0.000{col 57}{space 4} 335.3322{col 70}{space 3} 851.3919
{txt}{space 10}1962  {c |}{col 17}{res}{space 2} 750.4727{col 29}{space 2} 115.8726{col 40}{space 1}    6.48{col 49}{space 3}0.000{col 57}{space 4} 522.2528{col 70}{space 3} 978.6926
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 711.3331{col 29}{space 2} 132.3152{col 40}{space 1}    5.38{col 49}{space 3}0.000{col 57}{space 4} 450.7284{col 70}{space 3} 971.9379
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 860.4896{col 29}{space 2} 126.5413{col 40}{space 1}    6.80{col 49}{space 3}0.000{col 57}{space 4} 611.2569{col 70}{space 3} 1109.722
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}  844.526{col 29}{space 2} 129.3297{col 40}{space 1}    6.53{col 49}{space 3}0.000{col 57}{space 4} 589.8014{col 70}{space 3} 1099.251
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} 842.7905{col 29}{space 2} 142.9076{col 40}{space 1}    5.90{col 49}{space 3}0.000{col 57}{space 4} 561.3232{col 70}{space 3} 1124.258
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 878.8761{col 29}{space 2} 133.7493{col 40}{space 1}    6.57{col 49}{space 3}0.000{col 57}{space 4} 615.4468{col 70}{space 3} 1142.305
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 926.4697{col 29}{space 2} 141.6086{col 40}{space 1}    6.54{col 49}{space 3}0.000{col 57}{space 4} 647.5608{col 70}{space 3} 1205.379
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 920.6468{col 29}{space 2} 156.4562{col 40}{space 1}    5.88{col 49}{space 3}0.000{col 57}{space 4} 612.4945{col 70}{space 3} 1228.799
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 691.6866{col 29}{space 2} 164.5301{col 40}{space 1}    4.20{col 49}{space 3}0.000{col 57}{space 4} 367.6321{col 70}{space 3} 1015.741
{txt}{space 10}1971  {c |}{col 17}{res}{space 2} 843.0201{col 29}{space 2} 159.3493{col 40}{space 1}    5.29{col 49}{space 3}0.000{col 57}{space 4} 529.1696{col 70}{space 3} 1156.871
{txt}{space 10}1972  {c |}{col 17}{res}{space 2}  1254.55{col 29}{space 2}  165.126{col 40}{space 1}    7.60{col 49}{space 3}0.000{col 57}{space 4} 929.3221{col 70}{space 3} 1579.779
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 1089.487{col 29}{space 2} 189.4021{col 40}{space 1}    5.75{col 49}{space 3}0.000{col 57}{space 4} 716.4458{col 70}{space 3} 1462.529
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 359.6695{col 29}{space 2} 203.9635{col 40}{space 1}    1.76{col 49}{space 3}0.079{col 57}{space 4}-42.05202{col 70}{space 3} 761.3911
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} 531.7475{col 29}{space 2} 206.3729{col 40}{space 1}    2.58{col 49}{space 3}0.011{col 57}{space 4} 125.2804{col 70}{space 3} 938.2147
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} 1231.553{col 29}{space 2} 183.3575{col 40}{space 1}    6.72{col 49}{space 3}0.000{col 57}{space 4} 870.4166{col 70}{space 3}  1592.69
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} 1037.245{col 29}{space 2} 217.4313{col 40}{space 1}    4.77{col 49}{space 3}0.000{col 57}{space 4} 608.9974{col 70}{space 3} 1465.492
{txt}{space 10}1978  {c |}{col 17}{res}{space 2} 1110.677{col 29}{space 2} 230.7435{col 40}{space 1}    4.81{col 49}{space 3}0.000{col 57}{space 4} 656.2107{col 70}{space 3} 1565.144
{txt}{space 10}1979  {c |}{col 17}{res}{space 2} 650.4844{col 29}{space 2} 209.2652{col 40}{space 1}    3.11{col 49}{space 3}0.002{col 57}{space 4} 238.3208{col 70}{space 3} 1062.648
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 518.4567{col 29}{space 2} 222.1192{col 40}{space 1}    2.33{col 49}{space 3}0.020{col 57}{space 4} 80.97613{col 70}{space 3} 955.9373
{txt}{space 10}1981  {c |}{col 17}{res}{space 2} 1016.321{col 29}{space 2} 234.0949{col 40}{space 1}    4.34{col 49}{space 3}0.000{col 57}{space 4} 555.2533{col 70}{space 3} 1477.389
{txt}{space 10}1982  {c |}{col 17}{res}{space 2} 829.6268{col 29}{space 2}  227.546{col 40}{space 1}    3.65{col 49}{space 3}0.000{col 57}{space 4} 381.4577{col 70}{space 3} 1277.796
{txt}{space 10}1983  {c |}{col 17}{res}{space 2} 1162.281{col 29}{space 2} 224.6968{col 40}{space 1}    5.17{col 49}{space 3}0.000{col 57}{space 4} 719.7241{col 70}{space 3} 1604.839
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 1422.868{col 29}{space 2} 222.9622{col 40}{space 1}    6.38{col 49}{space 3}0.000{col 57}{space 4} 983.7266{col 70}{space 3} 1862.009
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 1045.964{col 29}{space 2} 246.2976{col 40}{space 1}    4.25{col 49}{space 3}0.000{col 57}{space 4} 560.8626{col 70}{space 3} 1531.066
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} 1040.356{col 29}{space 2} 227.8924{col 40}{space 1}    4.57{col 49}{space 3}0.000{col 57}{space 4} 591.5044{col 70}{space 3} 1489.207
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 921.2033{col 29}{space 2}  227.468{col 40}{space 1}    4.05{col 49}{space 3}0.000{col 57}{space 4} 473.1878{col 70}{space 3} 1369.219
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} 1159.077{col 29}{space 2} 252.9562{col 40}{space 1}    4.58{col 49}{space 3}0.000{col 57}{space 4} 660.8606{col 70}{space 3} 1657.293
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 1088.446{col 29}{space 2} 266.4708{col 40}{space 1}    4.08{col 49}{space 3}0.000{col 57}{space 4} 563.6115{col 70}{space 3}  1613.28
{txt}{space 10}1990  {c |}{col 17}{res}{space 2} 722.5585{col 29}{space 2} 302.1554{col 40}{space 1}    2.39{col 49}{space 3}0.018{col 57}{space 4} 127.4406{col 70}{space 3} 1317.676
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}  687.803{col 29}{space 2} 280.3506{col 40}{space 1}    2.45{col 49}{space 3}0.015{col 57}{space 4} 135.6313{col 70}{space 3} 1239.975
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 1264.076{col 29}{space 2} 282.8403{col 40}{space 1}    4.47{col 49}{space 3}0.000{col 57}{space 4} 707.0004{col 70}{space 3} 1821.151
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 1048.109{col 29}{space 2} 294.8703{col 40}{space 1}    3.55{col 49}{space 3}0.000{col 57}{space 4}   467.34{col 70}{space 3} 1628.879
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}   1092.8{col 29}{space 2} 312.2383{col 40}{space 1}    3.50{col 49}{space 3}0.001{col 57}{space 4} 477.8234{col 70}{space 3} 1707.778
{txt}{space 10}1995  {c |}{col 17}{res}{space 2}  1145.45{col 29}{space 2} 288.9039{col 40}{space 1}    3.96{col 49}{space 3}0.000{col 57}{space 4} 576.4316{col 70}{space 3} 1714.468
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 1183.097{col 29}{space 2}   303.97{col 40}{space 1}    3.89{col 49}{space 3}0.000{col 57}{space 4} 584.4056{col 70}{space 3} 1781.789
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 1281.323{col 29}{space 2} 312.3664{col 40}{space 1}    4.10{col 49}{space 3}0.000{col 57}{space 4} 666.0933{col 70}{space 3} 1896.552
{txt}{space 10}1998  {c |}{col 17}{res}{space 2}  1560.74{col 29}{space 2} 312.1393{col 40}{space 1}    5.00{col 49}{space 3}0.000{col 57}{space 4} 945.9582{col 70}{space 3} 2175.522
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 1171.224{col 29}{space 2} 316.9183{col 40}{space 1}    3.70{col 49}{space 3}0.000{col 57}{space 4} 547.0295{col 70}{space 3} 1795.419
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 1408.568{col 29}{space 2} 329.8447{col 40}{space 1}    4.27{col 49}{space 3}0.000{col 57}{space 4} 758.9136{col 70}{space 3} 2058.222
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 969.7245{col 29}{space 2} 304.0931{col 40}{space 1}    3.19{col 49}{space 3}0.002{col 57}{space 4} 370.7901{col 70}{space 3} 1568.659
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}  833.801{col 29}{space 2} 352.7013{col 40}{space 1}    2.36{col 49}{space 3}0.019{col 57}{space 4}  139.129{col 70}{space 3} 1528.473
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 1145.436{col 29}{space 2} 321.1085{col 40}{space 1}    3.57{col 49}{space 3}0.000{col 57}{space 4} 512.9882{col 70}{space 3} 1777.883
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 1538.705{col 29}{space 2} 363.5166{col 40}{space 1}    4.23{col 49}{space 3}0.000{col 57}{space 4} 822.7316{col 70}{space 3} 2254.679
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 1406.468{col 29}{space 2} 386.0298{col 40}{space 1}    3.64{col 49}{space 3}0.000{col 57}{space 4} 646.1527{col 70}{space 3} 2166.783
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 1367.744{col 29}{space 2} 364.9252{col 40}{space 1}    3.75{col 49}{space 3}0.000{col 57}{space 4} 648.9966{col 70}{space 3} 2086.492
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 1246.676{col 29}{space 2} 351.7546{col 40}{space 1}    3.54{col 49}{space 3}0.000{col 57}{space 4}  553.869{col 70}{space 3} 1939.483
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 909.9408{col 29}{space 2} 440.3336{col 40}{space 1}    2.07{col 49}{space 3}0.040{col 57}{space 4} 42.67042{col 70}{space 3} 1777.211
{txt}{space 10}2009  {c |}{col 17}{res}{space 2} 179.1449{col 29}{space 2} 361.6519{col 40}{space 1}    0.50{col 49}{space 3}0.621{col 57}{space 4}-533.1559{col 70}{space 3} 891.4457
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} 1424.008{col 29}{space 2} 389.8275{col 40}{space 1}    3.65{col 49}{space 3}0.000{col 57}{space 4} 656.2133{col 70}{space 3} 2191.803
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} -238.024{col 29}{space 2}  159.226{col 40}{space 1}   -1.49{col 49}{space 3}0.136{col 57}{space 4}-551.6317{col 70}{space 3} 75.58373
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. predict allstates4311inc
{txt}(option xb assumed; fitted values)
(196 missing values generated)

{com}. 
. reg d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney i.state_fips i.year if newsouth==1

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       325
{txt}{hline 13}{c +}{hline 34}   F(76, 248)      = {res}    16.15
{txt}       Model {c |} {res} 25029128.3        76  329330.636   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 5056378.35       248  20388.6224   {txt}R-squared       ={res}    0.8319
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.7804
{txt}       Total {c |} {res} 30085506.7       324   92856.502   {txt}Root MSE        =   {res} 142.79

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.0452308{col 29}{space 2} .0187845{col 40}{space 1}   -2.41{col 49}{space 3}0.017{col 57}{space 4}-.0822282{col 70}{space 3}-.0082334
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} -.780631{col 29}{space 2} .8875369{col 40}{space 1}   -0.88{col 49}{space 3}0.380{col 57}{space 4}-2.528702{col 70}{space 3} .9674401
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .1546148{col 29}{space 2} .0628956{col 40}{space 1}    2.46{col 49}{space 3}0.015{col 57}{space 4} .0307371{col 70}{space 3} .2784924
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} .2991938{col 29}{space 2} 1.397707{col 40}{space 1}    0.21{col 49}{space 3}0.831{col 57}{space 4}-2.453695{col 70}{space 3} 3.052083
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}  .234834{col 29}{space 2} .0665936{col 40}{space 1}    3.53{col 49}{space 3}0.001{col 57}{space 4} .1036729{col 70}{space 3}  .365995
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} 1.024877{col 29}{space 2} 1.416624{col 40}{space 1}    0.72{col 49}{space 3}0.470{col 57}{space 4}-1.765271{col 70}{space 3} 3.815025
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}-.0139295{col 29}{space 2} .0675923{col 40}{space 1}   -0.21{col 49}{space 3}0.837{col 57}{space 4}-.1470576{col 70}{space 3} .1191986
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} 1.448015{col 29}{space 2} 1.410685{col 40}{space 1}    1.03{col 49}{space 3}0.306{col 57}{space 4}-1.330434{col 70}{space 3} 4.226465
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2}-63.18968{col 29}{space 2} 35.61476{col 40}{space 1}   -1.77{col 49}{space 3}0.077{col 57}{space 4}-133.3356{col 70}{space 3} 6.956277
{txt}{space 12}37  {c |}{col 17}{res}{space 2}-62.44733{col 29}{space 2} 36.79557{col 40}{space 1}   -1.70{col 49}{space 3}0.091{col 57}{space 4} -134.919{col 70}{space 3} 10.02433
{txt}{space 12}48  {c |}{col 17}{res}{space 2}-27.50781{col 29}{space 2} 28.76049{col 40}{space 1}   -0.96{col 49}{space 3}0.340{col 57}{space 4}-84.15378{col 70}{space 3} 29.13816
{txt}{space 12}51  {c |}{col 17}{res}{space 2}  59.3096{col 29}{space 2} 26.25931{col 40}{space 1}    2.26{col 49}{space 3}0.025{col 57}{space 4} 7.589896{col 70}{space 3} 111.0293
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1947  {c |}{col 17}{res}{space 2} 49.15412{col 29}{space 2} 96.98344{col 40}{space 1}    0.51{col 49}{space 3}0.613{col 57}{space 4}-141.8621{col 70}{space 3} 240.1703
{txt}{space 10}1948  {c |}{col 17}{res}{space 2} 674.1414{col 29}{space 2} 108.7912{col 40}{space 1}    6.20{col 49}{space 3}0.000{col 57}{space 4} 459.8689{col 70}{space 3} 888.4138
{txt}{space 10}1949  {c |}{col 17}{res}{space 2} 635.2958{col 29}{space 2} 119.7714{col 40}{space 1}    5.30{col 49}{space 3}0.000{col 57}{space 4}  399.397{col 70}{space 3} 871.1946
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}   807.77{col 29}{space 2} 115.6948{col 40}{space 1}    6.98{col 49}{space 3}0.000{col 57}{space 4} 579.9002{col 70}{space 3}  1035.64
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} 538.8871{col 29}{space 2} 101.8828{col 40}{space 1}    5.29{col 49}{space 3}0.000{col 57}{space 4} 338.2212{col 70}{space 3} 739.5531
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}  549.505{col 29}{space 2} 98.40475{col 40}{space 1}    5.58{col 49}{space 3}0.000{col 57}{space 4} 355.6894{col 70}{space 3} 743.3206
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 586.3846{col 29}{space 2} 93.87057{col 40}{space 1}    6.25{col 49}{space 3}0.000{col 57}{space 4} 401.4994{col 70}{space 3} 771.2698
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} 467.1919{col 29}{space 2} 97.97926{col 40}{space 1}    4.77{col 49}{space 3}0.000{col 57}{space 4} 274.2144{col 70}{space 3} 660.1695
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} 836.0267{col 29}{space 2} 97.26384{col 40}{space 1}    8.60{col 49}{space 3}0.000{col 57}{space 4} 644.4582{col 70}{space 3} 1027.595
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} 697.3913{col 29}{space 2} 102.2145{col 40}{space 1}    6.82{col 49}{space 3}0.000{col 57}{space 4} 496.0722{col 70}{space 3} 898.7105
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 325.8794{col 29}{space 2} 102.9093{col 40}{space 1}    3.17{col 49}{space 3}0.002{col 57}{space 4} 123.1917{col 70}{space 3} 528.5671
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} 496.0221{col 29}{space 2} 95.20369{col 40}{space 1}    5.21{col 49}{space 3}0.000{col 57}{space 4} 308.5112{col 70}{space 3}  683.533
{txt}{space 10}1959  {c |}{col 17}{res}{space 2} 799.1647{col 29}{space 2} 100.9834{col 40}{space 1}    7.91{col 49}{space 3}0.000{col 57}{space 4} 600.2703{col 70}{space 3} 998.0591
{txt}{space 10}1960  {c |}{col 17}{res}{space 2} 526.6036{col 29}{space 2}  109.432{col 40}{space 1}    4.81{col 49}{space 3}0.000{col 57}{space 4}  311.069{col 70}{space 3} 742.1382
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} 593.3621{col 29}{space 2} 104.2891{col 40}{space 1}    5.69{col 49}{space 3}0.000{col 57}{space 4} 387.9569{col 70}{space 3} 798.7673
{txt}{space 10}1962  {c |}{col 17}{res}{space 2} 750.4727{col 29}{space 2} 100.6566{col 40}{space 1}    7.46{col 49}{space 3}0.000{col 57}{space 4} 552.2219{col 70}{space 3} 948.7235
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 711.3331{col 29}{space 2} 106.6907{col 40}{space 1}    6.67{col 49}{space 3}0.000{col 57}{space 4} 501.1977{col 70}{space 3} 921.4686
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 860.4896{col 29}{space 2} 104.6282{col 40}{space 1}    8.22{col 49}{space 3}0.000{col 57}{space 4} 654.4165{col 70}{space 3} 1066.563
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}  844.526{col 29}{space 2} 105.3458{col 40}{space 1}    8.02{col 49}{space 3}0.000{col 57}{space 4} 637.0394{col 70}{space 3} 1052.013
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} 842.7905{col 29}{space 2} 107.3696{col 40}{space 1}    7.85{col 49}{space 3}0.000{col 57}{space 4}  631.318{col 70}{space 3} 1054.263
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 878.8761{col 29}{space 2} 108.9178{col 40}{space 1}    8.07{col 49}{space 3}0.000{col 57}{space 4} 664.3543{col 70}{space 3} 1093.398
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 926.4697{col 29}{space 2}  113.099{col 40}{space 1}    8.19{col 49}{space 3}0.000{col 57}{space 4} 703.7126{col 70}{space 3} 1149.227
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 920.6468{col 29}{space 2} 117.5491{col 40}{space 1}    7.83{col 49}{space 3}0.000{col 57}{space 4} 689.1248{col 70}{space 3} 1152.169
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 691.6866{col 29}{space 2} 121.4515{col 40}{space 1}    5.70{col 49}{space 3}0.000{col 57}{space 4} 452.4788{col 70}{space 3} 930.8945
{txt}{space 10}1971  {c |}{col 17}{res}{space 2} 843.0201{col 29}{space 2} 122.7137{col 40}{space 1}    6.87{col 49}{space 3}0.000{col 57}{space 4} 601.3263{col 70}{space 3} 1084.714
{txt}{space 10}1972  {c |}{col 17}{res}{space 2}  1254.55{col 29}{space 2} 128.3881{col 40}{space 1}    9.77{col 49}{space 3}0.000{col 57}{space 4}  1001.68{col 70}{space 3}  1507.42
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 1089.487{col 29}{space 2} 143.9924{col 40}{space 1}    7.57{col 49}{space 3}0.000{col 57}{space 4} 805.8835{col 70}{space 3} 1373.091
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 359.6695{col 29}{space 2} 144.8182{col 40}{space 1}    2.48{col 49}{space 3}0.014{col 57}{space 4} 74.43922{col 70}{space 3} 644.8998
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} 531.7475{col 29}{space 2} 139.0466{col 40}{space 1}    3.82{col 49}{space 3}0.000{col 57}{space 4} 257.8848{col 70}{space 3} 805.6102
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} 1231.553{col 29}{space 2} 147.8779{col 40}{space 1}    8.33{col 49}{space 3}0.000{col 57}{space 4} 940.2964{col 70}{space 3}  1522.81
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} 1037.245{col 29}{space 2} 167.6222{col 40}{space 1}    6.19{col 49}{space 3}0.000{col 57}{space 4} 707.1002{col 70}{space 3}  1367.39
{txt}{space 10}1978  {c |}{col 17}{res}{space 2} 1110.677{col 29}{space 2} 161.1309{col 40}{space 1}    6.89{col 49}{space 3}0.000{col 57}{space 4} 793.3179{col 70}{space 3} 1428.037
{txt}{space 10}1979  {c |}{col 17}{res}{space 2} 650.4844{col 29}{space 2} 152.7375{col 40}{space 1}    4.26{col 49}{space 3}0.000{col 57}{space 4} 349.6563{col 70}{space 3} 951.3124
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 518.4567{col 29}{space 2} 155.1929{col 40}{space 1}    3.34{col 49}{space 3}0.001{col 57}{space 4} 212.7925{col 70}{space 3} 824.1209
{txt}{space 10}1981  {c |}{col 17}{res}{space 2} 1016.321{col 29}{space 2}  156.024{col 40}{space 1}    6.51{col 49}{space 3}0.000{col 57}{space 4} 709.0199{col 70}{space 3} 1323.622
{txt}{space 10}1982  {c |}{col 17}{res}{space 2} 829.6268{col 29}{space 2} 170.8307{col 40}{space 1}    4.86{col 49}{space 3}0.000{col 57}{space 4} 493.1629{col 70}{space 3} 1166.091
{txt}{space 10}1983  {c |}{col 17}{res}{space 2} 1162.281{col 29}{space 2} 172.0407{col 40}{space 1}    6.76{col 49}{space 3}0.000{col 57}{space 4} 823.4343{col 70}{space 3} 1501.129
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 1422.868{col 29}{space 2}  169.411{col 40}{space 1}    8.40{col 49}{space 3}0.000{col 57}{space 4}   1089.2{col 70}{space 3} 1756.535
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 1045.964{col 29}{space 2} 181.5484{col 40}{space 1}    5.76{col 49}{space 3}0.000{col 57}{space 4} 688.3909{col 70}{space 3} 1403.538
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} 1040.356{col 29}{space 2} 173.7332{col 40}{space 1}    5.99{col 49}{space 3}0.000{col 57}{space 4} 698.1751{col 70}{space 3} 1382.537
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 921.2033{col 29}{space 2} 176.4124{col 40}{space 1}    5.22{col 49}{space 3}0.000{col 57}{space 4} 573.7457{col 70}{space 3} 1268.661
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} 1159.077{col 29}{space 2} 186.3485{col 40}{space 1}    6.22{col 49}{space 3}0.000{col 57}{space 4} 792.0495{col 70}{space 3} 1526.104
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 1088.446{col 29}{space 2} 194.1726{col 40}{space 1}    5.61{col 49}{space 3}0.000{col 57}{space 4} 706.0083{col 70}{space 3} 1470.883
{txt}{space 10}1990  {c |}{col 17}{res}{space 2} 722.5585{col 29}{space 2}  202.108{col 40}{space 1}    3.58{col 49}{space 3}0.000{col 57}{space 4} 324.4916{col 70}{space 3} 1120.625
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}  687.803{col 29}{space 2} 199.4936{col 40}{space 1}    3.45{col 49}{space 3}0.001{col 57}{space 4} 294.8851{col 70}{space 3} 1080.721
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 1264.076{col 29}{space 2} 205.2134{col 40}{space 1}    6.16{col 49}{space 3}0.000{col 57}{space 4} 859.8926{col 70}{space 3} 1668.259
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 1048.109{col 29}{space 2} 217.9985{col 40}{space 1}    4.81{col 49}{space 3}0.000{col 57}{space 4} 618.7447{col 70}{space 3} 1477.474
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}   1092.8{col 29}{space 2} 217.7642{col 40}{space 1}    5.02{col 49}{space 3}0.000{col 57}{space 4} 663.8975{col 70}{space 3} 1521.703
{txt}{space 10}1995  {c |}{col 17}{res}{space 2}  1145.45{col 29}{space 2} 211.6064{col 40}{space 1}    5.41{col 49}{space 3}0.000{col 57}{space 4} 728.6749{col 70}{space 3} 1562.225
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 1183.097{col 29}{space 2} 219.5353{col 40}{space 1}    5.39{col 49}{space 3}0.000{col 57}{space 4} 750.7062{col 70}{space 3} 1615.489
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 1281.323{col 29}{space 2} 221.3697{col 40}{space 1}    5.79{col 49}{space 3}0.000{col 57}{space 4} 845.3183{col 70}{space 3} 1717.327
{txt}{space 10}1998  {c |}{col 17}{res}{space 2}  1560.74{col 29}{space 2} 228.3565{col 40}{space 1}    6.83{col 49}{space 3}0.000{col 57}{space 4} 1110.975{col 70}{space 3} 2010.506
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 1171.224{col 29}{space 2} 237.2836{col 40}{space 1}    4.94{col 49}{space 3}0.000{col 57}{space 4}  703.876{col 70}{space 3} 1638.572
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 1408.568{col 29}{space 2} 238.6224{col 40}{space 1}    5.90{col 49}{space 3}0.000{col 57}{space 4} 938.5829{col 70}{space 3} 1878.552
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 969.7245{col 29}{space 2} 244.1661{col 40}{space 1}    3.97{col 49}{space 3}0.000{col 57}{space 4} 488.8209{col 70}{space 3} 1450.628
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}  833.801{col 29}{space 2} 250.8173{col 40}{space 1}    3.32{col 49}{space 3}0.001{col 57}{space 4} 339.7974{col 70}{space 3} 1327.805
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 1145.436{col 29}{space 2} 250.4201{col 40}{space 1}    4.57{col 49}{space 3}0.000{col 57}{space 4} 652.2143{col 70}{space 3} 1638.657
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 1538.705{col 29}{space 2}  262.744{col 40}{space 1}    5.86{col 49}{space 3}0.000{col 57}{space 4} 1021.211{col 70}{space 3} 2056.199
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 1406.468{col 29}{space 2} 269.8856{col 40}{space 1}    5.21{col 49}{space 3}0.000{col 57}{space 4} 874.9074{col 70}{space 3} 1938.028
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 1367.744{col 29}{space 2} 267.5379{col 40}{space 1}    5.11{col 49}{space 3}0.000{col 57}{space 4} 840.8083{col 70}{space 3}  1894.68
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 1246.676{col 29}{space 2} 265.0615{col 40}{space 1}    4.70{col 49}{space 3}0.000{col 57}{space 4} 724.6176{col 70}{space 3} 1768.735
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 909.9408{col 29}{space 2} 270.2661{col 40}{space 1}    3.37{col 49}{space 3}0.001{col 57}{space 4} 377.6314{col 70}{space 3}  1442.25
{txt}{space 10}2009  {c |}{col 17}{res}{space 2} 179.1449{col 29}{space 2} 272.1193{col 40}{space 1}    0.66{col 49}{space 3}0.511{col 57}{space 4}-356.8146{col 70}{space 3} 715.1044
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} 1424.008{col 29}{space 2} 276.1007{col 40}{space 1}    5.16{col 49}{space 3}0.000{col 57}{space 4} 880.2068{col 70}{space 3} 1967.809
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} -238.024{col 29}{space 2} 122.3525{col 40}{space 1}   -1.95{col 49}{space 3}0.053{col 57}{space 4}-479.0065{col 70}{space 3} 2.958532
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. 
. predict allstates4311incols
{txt}(option {bf:xb} assumed; fitted values)
(196 missing values generated)

{com}. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       325{col 27}-2319.461{col 38} -2029.66{col 49}    77{col 58} 4213.319{col 69} 4504.674
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. //pc (4,3)
. 
. newey d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann i.state_fips i.year if newsouth==1, lag(8) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       325
{txt}maximum lag: {res}8{col 49}{txt}F( 76,       248){col 67}= {res}      4.91
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}  Newey-West
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1343289{col 29}{space 2} .0370242{col 40}{space 1}   -3.63{col 49}{space 3}0.000{col 57}{space 4}-.2072509{col 70}{space 3} -.061407
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0008497{col 29}{space 2} .0007096{col 40}{space 1}    1.20{col 49}{space 3}0.232{col 57}{space 4}-.0005478{col 70}{space 3} .0022473
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-.0425971{col 29}{space 2} .0505517{col 40}{space 1}   -0.84{col 49}{space 3}0.400{col 57}{space 4}-.1421625{col 70}{space 3} .0569683
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} .0007321{col 29}{space 2} .0022582{col 40}{space 1}    0.32{col 49}{space 3}0.746{col 57}{space 4}-.0037157{col 70}{space 3} .0051798
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.1543993{col 29}{space 2} .0748028{col 40}{space 1}   -2.06{col 49}{space 3}0.040{col 57}{space 4}-.3017291{col 70}{space 3}-.0070694
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0035055{col 29}{space 2} .0024439{col 40}{space 1}    1.43{col 49}{space 3}0.153{col 57}{space 4} -.001308{col 70}{space 3}  .008319
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}-.0689584{col 29}{space 2}  .056879{col 40}{space 1}   -1.21{col 49}{space 3}0.227{col 57}{space 4}-.1809858{col 70}{space 3} .0430691
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0026171{col 29}{space 2} .0023635{col 40}{space 1}   -1.11{col 49}{space 3}0.269{col 57}{space 4}-.0072722{col 70}{space 3}  .002038
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2}-.8861469{col 29}{space 2} 1.953201{col 40}{space 1}   -0.45{col 49}{space 3}0.650{col 57}{space 4}-4.733124{col 70}{space 3}  2.96083
{txt}{space 12}37  {c |}{col 17}{res}{space 2}  .277851{col 29}{space 2} 1.854758{col 40}{space 1}    0.15{col 49}{space 3}0.881{col 57}{space 4}-3.375235{col 70}{space 3} 3.930937
{txt}{space 12}48  {c |}{col 17}{res}{space 2}-.9424076{col 29}{space 2} 1.665697{col 40}{space 1}   -0.57{col 49}{space 3}0.572{col 57}{space 4}-4.223123{col 70}{space 3} 2.338308
{txt}{space 12}51  {c |}{col 17}{res}{space 2}-.3540043{col 29}{space 2} 1.230207{col 40}{space 1}   -0.29{col 49}{space 3}0.774{col 57}{space 4} -2.77699{col 70}{space 3} 2.068981
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1947  {c |}{col 17}{res}{space 2} .5678385{col 29}{space 2} 1.746561{col 40}{space 1}    0.33{col 49}{space 3}0.745{col 57}{space 4}-2.872145{col 70}{space 3} 4.007822
{txt}{space 10}1948  {c |}{col 17}{res}{space 2}-.5700213{col 29}{space 2} 2.737062{col 40}{space 1}   -0.21{col 49}{space 3}0.835{col 57}{space 4}-5.960871{col 70}{space 3} 4.820829
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-2.633462{col 29}{space 2} 2.435825{col 40}{space 1}   -1.08{col 49}{space 3}0.281{col 57}{space 4}-7.431004{col 70}{space 3}  2.16408
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}-1.639729{col 29}{space 2} 2.164031{col 40}{space 1}   -0.76{col 49}{space 3}0.449{col 57}{space 4}-5.901952{col 70}{space 3} 2.622494
{txt}{space 10}1951  {c |}{col 17}{res}{space 2}-2.552354{col 29}{space 2} 1.966707{col 40}{space 1}   -1.30{col 49}{space 3}0.196{col 57}{space 4}-6.425933{col 70}{space 3} 1.321225
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}-.5023634{col 29}{space 2} 1.544417{col 40}{space 1}   -0.33{col 49}{space 3}0.745{col 57}{space 4} -3.54421{col 70}{space 3} 2.539483
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} .2593351{col 29}{space 2} 1.932094{col 40}{space 1}    0.13{col 49}{space 3}0.893{col 57}{space 4} -3.54607{col 70}{space 3}  4.06474
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} -1.17495{col 29}{space 2} 1.400677{col 40}{space 1}   -0.84{col 49}{space 3}0.402{col 57}{space 4}-3.933689{col 70}{space 3} 1.583789
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}-1.571615{col 29}{space 2} 2.386671{col 40}{space 1}   -0.66{col 49}{space 3}0.511{col 57}{space 4}-6.272344{col 70}{space 3} 3.129114
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-2.955775{col 29}{space 2} 2.058221{col 40}{space 1}   -1.44{col 49}{space 3}0.152{col 57}{space 4}-7.009596{col 70}{space 3} 1.098046
{txt}{space 10}1957  {c |}{col 17}{res}{space 2}-.4685547{col 29}{space 2} 1.739529{col 40}{space 1}   -0.27{col 49}{space 3}0.788{col 57}{space 4} -3.89469{col 70}{space 3}  2.95758
{txt}{space 10}1958  {c |}{col 17}{res}{space 2}-.6953641{col 29}{space 2} 1.636373{col 40}{space 1}   -0.42{col 49}{space 3}0.671{col 57}{space 4}-3.918324{col 70}{space 3} 2.527596
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-4.571467{col 29}{space 2}  3.23173{col 40}{space 1}   -1.41{col 49}{space 3}0.158{col 57}{space 4} -10.9366{col 70}{space 3} 1.793669
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-3.292927{col 29}{space 2} 1.956056{col 40}{space 1}   -1.68{col 49}{space 3}0.094{col 57}{space 4}-7.145527{col 70}{space 3} .5596731
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} .6928864{col 29}{space 2}  2.50107{col 40}{space 1}    0.28{col 49}{space 3}0.782{col 57}{space 4} -4.23316{col 70}{space 3} 5.618933
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}-2.863906{col 29}{space 2} 2.315804{col 40}{space 1}   -1.24{col 49}{space 3}0.217{col 57}{space 4}-7.425057{col 70}{space 3} 1.697245
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} .8973559{col 29}{space 2} 2.360921{col 40}{space 1}    0.38{col 49}{space 3}0.704{col 57}{space 4}-3.752656{col 70}{space 3} 5.547368
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} .4164488{col 29}{space 2} 2.626083{col 40}{space 1}    0.16{col 49}{space 3}0.874{col 57}{space 4} -4.75582{col 70}{space 3} 5.588717
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}-2.131486{col 29}{space 2} 4.722861{col 40}{space 1}   -0.45{col 49}{space 3}0.652{col 57}{space 4}-11.43352{col 70}{space 3} 7.170546
{txt}{space 10}1966  {c |}{col 17}{res}{space 2}  .112847{col 29}{space 2} 3.312493{col 40}{space 1}    0.03{col 49}{space 3}0.973{col 57}{space 4}-6.411358{col 70}{space 3} 6.637052
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 13.58428{col 29}{space 2}  11.5455{col 40}{space 1}    1.18{col 49}{space 3}0.240{col 57}{space 4}-9.155468{col 70}{space 3} 36.32402
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 3.201717{col 29}{space 2} 3.213111{col 40}{space 1}    1.00{col 49}{space 3}0.320{col 57}{space 4}-3.126749{col 70}{space 3} 9.530183
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 2.689611{col 29}{space 2}  4.82464{col 40}{space 1}    0.56{col 49}{space 3}0.578{col 57}{space 4}-6.812882{col 70}{space 3}  12.1921
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 3.410245{col 29}{space 2} 4.528541{col 40}{space 1}    0.75{col 49}{space 3}0.452{col 57}{space 4}-5.509059{col 70}{space 3} 12.32955
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}-3.880447{col 29}{space 2} 4.413991{col 40}{space 1}   -0.88{col 49}{space 3}0.380{col 57}{space 4}-12.57414{col 70}{space 3} 4.813242
{txt}{space 10}1972  {c |}{col 17}{res}{space 2}-1.699224{col 29}{space 2} 4.529196{col 40}{space 1}   -0.38{col 49}{space 3}0.708{col 57}{space 4}-10.61982{col 70}{space 3} 7.221369
{txt}{space 10}1973  {c |}{col 17}{res}{space 2}  6.93852{col 29}{space 2} 5.210891{col 40}{space 1}    1.33{col 49}{space 3}0.184{col 57}{space 4}-3.324723{col 70}{space 3} 17.20176
{txt}{space 10}1974  {c |}{col 17}{res}{space 2}  .241165{col 29}{space 2} 4.122817{col 40}{space 1}    0.06{col 49}{space 3}0.953{col 57}{space 4}-7.879034{col 70}{space 3} 8.361364
{txt}{space 10}1975  {c |}{col 17}{res}{space 2}-11.53935{col 29}{space 2}  8.68751{col 40}{space 1}   -1.33{col 49}{space 3}0.185{col 57}{space 4}-28.65006{col 70}{space 3} 5.571357
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-4.461358{col 29}{space 2} 6.142703{col 40}{space 1}   -0.73{col 49}{space 3}0.468{col 57}{space 4}-16.55988{col 70}{space 3} 7.637159
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}-8.789187{col 29}{space 2} 5.514775{col 40}{space 1}   -1.59{col 49}{space 3}0.112{col 57}{space 4}-19.65095{col 70}{space 3}  2.07258
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}-4.303462{col 29}{space 2} 5.078514{col 40}{space 1}   -0.85{col 49}{space 3}0.398{col 57}{space 4}-14.30598{col 70}{space 3} 5.699056
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}-1.184229{col 29}{space 2} 5.381218{col 40}{space 1}   -0.22{col 49}{space 3}0.826{col 57}{space 4}-11.78294{col 70}{space 3} 9.414486
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 1.467494{col 29}{space 2} 5.025994{col 40}{space 1}    0.29{col 49}{space 3}0.771{col 57}{space 4}-8.431581{col 70}{space 3} 11.36657
{txt}{space 10}1981  {c |}{col 17}{res}{space 2} 7.688407{col 29}{space 2} 6.832716{col 40}{space 1}    1.13{col 49}{space 3}0.262{col 57}{space 4}-5.769144{col 70}{space 3} 21.14596
{txt}{space 10}1982  {c |}{col 17}{res}{space 2} .4208368{col 29}{space 2} 5.951376{col 40}{space 1}    0.07{col 49}{space 3}0.944{col 57}{space 4}-11.30085{col 70}{space 3} 12.14252
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-6.474287{col 29}{space 2} 5.361413{col 40}{space 1}   -1.21{col 49}{space 3}0.228{col 57}{space 4}-17.03399{col 70}{space 3} 4.085421
{txt}{space 10}1984  {c |}{col 17}{res}{space 2}-3.592384{col 29}{space 2} 6.007634{col 40}{space 1}   -0.60{col 49}{space 3}0.550{col 57}{space 4}-15.42487{col 70}{space 3} 8.240107
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 5.085393{col 29}{space 2} 7.818885{col 40}{space 1}    0.65{col 49}{space 3}0.516{col 57}{space 4}-10.31449{col 70}{space 3} 20.48528
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}-1.371615{col 29}{space 2} 5.983963{col 40}{space 1}   -0.23{col 49}{space 3}0.819{col 57}{space 4}-13.15748{col 70}{space 3} 10.41425
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 2.520476{col 29}{space 2} 7.127784{col 40}{space 1}    0.35{col 49}{space 3}0.724{col 57}{space 4}-11.51823{col 70}{space 3} 16.55919
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}-.3831839{col 29}{space 2} 6.633238{col 40}{space 1}   -0.06{col 49}{space 3}0.954{col 57}{space 4}-13.44785{col 70}{space 3} 12.68148
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 4.821379{col 29}{space 2} 7.588799{col 40}{space 1}    0.64{col 49}{space 3}0.526{col 57}{space 4}-10.12533{col 70}{space 3} 19.76809
{txt}{space 10}1990  {c |}{col 17}{res}{space 2} .3440568{col 29}{space 2} 6.798116{col 40}{space 1}    0.05{col 49}{space 3}0.960{col 57}{space 4}-13.04535{col 70}{space 3} 13.73346
{txt}{space 10}1991  {c |}{col 17}{res}{space 2} .1410683{col 29}{space 2} 7.019245{col 40}{space 1}    0.02{col 49}{space 3}0.984{col 57}{space 4}-13.68387{col 70}{space 3}   13.966
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 5.077455{col 29}{space 2} 8.143013{col 40}{space 1}    0.62{col 49}{space 3}0.534{col 57}{space 4}-10.96083{col 70}{space 3} 21.11574
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 4.592168{col 29}{space 2} 8.428656{col 40}{space 1}    0.54{col 49}{space 3}0.586{col 57}{space 4}-12.00871{col 70}{space 3} 21.19304
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}   3.2625{col 29}{space 2} 7.486917{col 40}{space 1}    0.44{col 49}{space 3}0.663{col 57}{space 4}-11.48355{col 70}{space 3} 18.00855
{txt}{space 10}1995  {c |}{col 17}{res}{space 2}  14.6479{col 29}{space 2} 9.587371{col 40}{space 1}    1.53{col 49}{space 3}0.128{col 57}{space 4}-4.235148{col 70}{space 3} 33.53096
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 3.457645{col 29}{space 2} 8.201555{col 40}{space 1}    0.42{col 49}{space 3}0.674{col 57}{space 4}-12.69594{col 70}{space 3} 19.61123
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 4.973861{col 29}{space 2} 9.603855{col 40}{space 1}    0.52{col 49}{space 3}0.605{col 57}{space 4}-13.94166{col 70}{space 3} 23.88938
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 1.621056{col 29}{space 2} 8.753555{col 40}{space 1}    0.19{col 49}{space 3}0.853{col 57}{space 4}-15.61973{col 70}{space 3} 18.86185
{txt}{space 10}1999  {c |}{col 17}{res}{space 2}-6.074618{col 29}{space 2}  10.7725{col 40}{space 1}   -0.56{col 49}{space 3}0.573{col 57}{space 4}-27.29187{col 70}{space 3} 15.14263
{txt}{space 10}2000  {c |}{col 17}{res}{space 2}-.1483654{col 29}{space 2} 9.033426{col 40}{space 1}   -0.02{col 49}{space 3}0.987{col 57}{space 4}-17.94038{col 70}{space 3} 17.64365
{txt}{space 10}2001  {c |}{col 17}{res}{space 2}-3.011623{col 29}{space 2} 9.733568{col 40}{space 1}   -0.31{col 49}{space 3}0.757{col 57}{space 4}-22.18262{col 70}{space 3} 16.15938
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}-2.237348{col 29}{space 2} 9.084911{col 40}{space 1}   -0.25{col 49}{space 3}0.806{col 57}{space 4}-20.13077{col 70}{space 3} 15.65607
{txt}{space 10}2003  {c |}{col 17}{res}{space 2}-1.090375{col 29}{space 2} 10.99032{col 40}{space 1}   -0.10{col 49}{space 3}0.921{col 57}{space 4}-22.73664{col 70}{space 3} 20.55589
{txt}{space 10}2004  {c |}{col 17}{res}{space 2}-2.261799{col 29}{space 2} 9.876393{col 40}{space 1}   -0.23{col 49}{space 3}0.819{col 57}{space 4} -21.7141{col 70}{space 3}  17.1905
{txt}{space 10}2005  {c |}{col 17}{res}{space 2}-6.238438{col 29}{space 2} 10.31768{col 40}{space 1}   -0.60{col 49}{space 3}0.546{col 57}{space 4}-26.55989{col 70}{space 3} 14.08301
{txt}{space 10}2006  {c |}{col 17}{res}{space 2}-2.661875{col 29}{space 2}  9.90937{col 40}{space 1}   -0.27{col 49}{space 3}0.788{col 57}{space 4}-22.17913{col 70}{space 3} 16.85538
{txt}{space 10}2007  {c |}{col 17}{res}{space 2}-3.935728{col 29}{space 2} 9.733108{col 40}{space 1}   -0.40{col 49}{space 3}0.686{col 57}{space 4}-23.10582{col 70}{space 3} 15.23436
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} .5018704{col 29}{space 2}  9.69655{col 40}{space 1}    0.05{col 49}{space 3}0.959{col 57}{space 4}-18.59622{col 70}{space 3} 19.59996
{txt}{space 10}2009  {c |}{col 17}{res}{space 2} .8841043{col 29}{space 2}  10.0613{col 40}{space 1}    0.09{col 49}{space 3}0.930{col 57}{space 4}-18.93238{col 70}{space 3} 20.70059
{txt}{space 10}2010  {c |}{col 17}{res}{space 2}-3.965493{col 29}{space 2}  10.4937{col 40}{space 1}   -0.38{col 49}{space 3}0.706{col 57}{space 4}-24.63363{col 70}{space 3} 16.70265
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-1.904331{col 29}{space 2}  4.47541{col 40}{space 1}   -0.43{col 49}{space 3}0.671{col 57}{space 4}-10.71899{col 70}{space 3} 6.910328
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. predict allstates4311pc
{txt}(option xb assumed; fitted values)
(196 missing values generated)

{com}. 
. reg d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann i.state_fips i.year if newsouth==1

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       325
{txt}{hline 13}{c +}{hline 34}   F(76, 248)      = {res}     2.51
{txt}       Model {c |} {res} 7999.77449        76  105.260191   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 10387.9651       248  41.8869562   {txt}R-squared       ={res}    0.4351
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.2619
{txt}       Total {c |} {res} 18387.7396       324  56.7522828   {txt}Root MSE        =   {res}  6.472

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1343289{col 29}{space 2} .0405427{col 40}{space 1}   -3.31{col 49}{space 3}0.001{col 57}{space 4}-.2141809{col 70}{space 3} -.054477
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0008497{col 29}{space 2} .0008234{col 40}{space 1}    1.03{col 49}{space 3}0.303{col 57}{space 4}-.0007719{col 70}{space 3} .0024714
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-.0425971{col 29}{space 2}  .067197{col 40}{space 1}   -0.63{col 49}{space 3}0.527{col 57}{space 4}-.1749466{col 70}{space 3} .0897524
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} .0007321{col 29}{space 2} .0028799{col 40}{space 1}    0.25{col 49}{space 3}0.800{col 57}{space 4}-.0049402{col 70}{space 3} .0064043
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.1543993{col 29}{space 2} .0644199{col 40}{space 1}   -2.40{col 49}{space 3}0.017{col 57}{space 4}-.2812792{col 70}{space 3}-.0275193
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0035055{col 29}{space 2} .0028709{col 40}{space 1}    1.22{col 49}{space 3}0.223{col 57}{space 4} -.002149{col 70}{space 3}   .00916
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}-.0689584{col 29}{space 2} .0644108{col 40}{space 1}   -1.07{col 49}{space 3}0.285{col 57}{space 4}-.1958204{col 70}{space 3} .0579037
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0026171{col 29}{space 2} .0030299{col 40}{space 1}   -0.86{col 49}{space 3}0.389{col 57}{space 4}-.0085846{col 70}{space 3} .0033504
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2}-.8861469{col 29}{space 2} 1.620064{col 40}{space 1}   -0.55{col 49}{space 3}0.585{col 57}{space 4}-4.076986{col 70}{space 3} 2.304692
{txt}{space 12}37  {c |}{col 17}{res}{space 2}  .277851{col 29}{space 2} 1.654611{col 40}{space 1}    0.17{col 49}{space 3}0.867{col 57}{space 4} -2.98103{col 70}{space 3} 3.536732
{txt}{space 12}48  {c |}{col 17}{res}{space 2}-.9424076{col 29}{space 2} 1.311734{col 40}{space 1}   -0.72{col 49}{space 3}0.473{col 57}{space 4}-3.525968{col 70}{space 3} 1.641153
{txt}{space 12}51  {c |}{col 17}{res}{space 2}-.3540043{col 29}{space 2} 1.200684{col 40}{space 1}   -0.29{col 49}{space 3}0.768{col 57}{space 4}-2.718841{col 70}{space 3} 2.010833
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1947  {c |}{col 17}{res}{space 2} .5678385{col 29}{space 2} 4.383002{col 40}{space 1}    0.13{col 49}{space 3}0.897{col 57}{space 4}-8.064816{col 70}{space 3} 9.200493
{txt}{space 10}1948  {c |}{col 17}{res}{space 2}-.5700213{col 29}{space 2}  5.24256{col 40}{space 1}   -0.11{col 49}{space 3}0.914{col 57}{space 4}-10.89564{col 70}{space 3} 9.755597
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-2.633462{col 29}{space 2} 5.160737{col 40}{space 1}   -0.51{col 49}{space 3}0.610{col 57}{space 4}-12.79792{col 70}{space 3}    7.531
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}-1.639729{col 29}{space 2} 4.862474{col 40}{space 1}   -0.34{col 49}{space 3}0.736{col 57}{space 4}-11.21674{col 70}{space 3} 7.937282
{txt}{space 10}1951  {c |}{col 17}{res}{space 2}-2.552354{col 29}{space 2} 4.579617{col 40}{space 1}   -0.56{col 49}{space 3}0.578{col 57}{space 4}-11.57226{col 70}{space 3} 6.467549
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}-.5023634{col 29}{space 2} 4.406792{col 40}{space 1}   -0.11{col 49}{space 3}0.909{col 57}{space 4}-9.181874{col 70}{space 3} 8.177147
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} .2593351{col 29}{space 2} 4.520708{col 40}{space 1}    0.06{col 49}{space 3}0.954{col 57}{space 4}-8.644542{col 70}{space 3} 9.163212
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} -1.17495{col 29}{space 2} 4.386418{col 40}{space 1}   -0.27{col 49}{space 3}0.789{col 57}{space 4}-9.814331{col 70}{space 3} 7.464432
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}-1.571615{col 29}{space 2} 4.837861{col 40}{space 1}   -0.32{col 49}{space 3}0.746{col 57}{space 4}-11.10015{col 70}{space 3} 7.956919
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-2.955775{col 29}{space 2} 4.807838{col 40}{space 1}   -0.61{col 49}{space 3}0.539{col 57}{space 4}-12.42518{col 70}{space 3} 6.513627
{txt}{space 10}1957  {c |}{col 17}{res}{space 2}-.4685547{col 29}{space 2} 4.255603{col 40}{space 1}   -0.11{col 49}{space 3}0.912{col 57}{space 4}-8.850287{col 70}{space 3} 7.913178
{txt}{space 10}1958  {c |}{col 17}{res}{space 2}-.6953641{col 29}{space 2} 4.458953{col 40}{space 1}   -0.16{col 49}{space 3}0.876{col 57}{space 4}-9.477609{col 70}{space 3}  8.08688
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-4.571467{col 29}{space 2} 4.993389{col 40}{space 1}   -0.92{col 49}{space 3}0.361{col 57}{space 4}-14.40633{col 70}{space 3} 5.263392
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-3.292927{col 29}{space 2} 4.651177{col 40}{space 1}   -0.71{col 49}{space 3}0.480{col 57}{space 4}-12.45377{col 70}{space 3} 5.867917
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} .6928864{col 29}{space 2}  4.56671{col 40}{space 1}    0.15{col 49}{space 3}0.880{col 57}{space 4}-8.301594{col 70}{space 3} 9.687367
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}-2.863906{col 29}{space 2} 4.895231{col 40}{space 1}   -0.59{col 49}{space 3}0.559{col 57}{space 4}-12.50543{col 70}{space 3} 6.777621
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} .8973559{col 29}{space 2} 4.821519{col 40}{space 1}    0.19{col 49}{space 3}0.853{col 57}{space 4} -8.59899{col 70}{space 3}  10.3937
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} .4164488{col 29}{space 2} 4.991236{col 40}{space 1}    0.08{col 49}{space 3}0.934{col 57}{space 4}-9.414167{col 70}{space 3} 10.24707
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}-2.131486{col 29}{space 2} 5.085775{col 40}{space 1}   -0.42{col 49}{space 3}0.676{col 57}{space 4} -12.1483{col 70}{space 3} 7.885334
{txt}{space 10}1966  {c |}{col 17}{res}{space 2}  .112847{col 29}{space 2} 5.092339{col 40}{space 1}    0.02{col 49}{space 3}0.982{col 57}{space 4}  -9.9169{col 70}{space 3} 10.14259
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 13.58428{col 29}{space 2} 5.268169{col 40}{space 1}    2.58{col 49}{space 3}0.010{col 57}{space 4} 3.208217{col 70}{space 3} 23.96033
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 3.201717{col 29}{space 2} 5.550567{col 40}{space 1}    0.58{col 49}{space 3}0.565{col 57}{space 4}-7.730544{col 70}{space 3} 14.13398
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 2.689611{col 29}{space 2}  5.70235{col 40}{space 1}    0.47{col 49}{space 3}0.638{col 57}{space 4}-8.541599{col 70}{space 3} 13.92082
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 3.410245{col 29}{space 2}  5.59075{col 40}{space 1}    0.61{col 49}{space 3}0.542{col 57}{space 4}-7.601161{col 70}{space 3} 14.42165
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}-3.880447{col 29}{space 2} 5.858479{col 40}{space 1}   -0.66{col 49}{space 3}0.508{col 57}{space 4}-15.41916{col 70}{space 3} 7.658271
{txt}{space 10}1972  {c |}{col 17}{res}{space 2}-1.699224{col 29}{space 2} 6.695774{col 40}{space 1}   -0.25{col 49}{space 3}0.800{col 57}{space 4}-14.88706{col 70}{space 3} 11.48861
{txt}{space 10}1973  {c |}{col 17}{res}{space 2}  6.93852{col 29}{space 2} 6.734131{col 40}{space 1}    1.03{col 49}{space 3}0.304{col 57}{space 4}-6.324861{col 70}{space 3}  20.2019
{txt}{space 10}1974  {c |}{col 17}{res}{space 2}  .241165{col 29}{space 2} 6.130455{col 40}{space 1}    0.04{col 49}{space 3}0.969{col 57}{space 4}-11.83323{col 70}{space 3} 12.31556
{txt}{space 10}1975  {c |}{col 17}{res}{space 2}-11.53935{col 29}{space 2} 6.331091{col 40}{space 1}   -1.82{col 49}{space 3}0.070{col 57}{space 4}-24.00891{col 70}{space 3} .9302118
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-4.461358{col 29}{space 2} 7.471212{col 40}{space 1}   -0.60{col 49}{space 3}0.551{col 57}{space 4}-19.17648{col 70}{space 3} 10.25376
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}-8.789187{col 29}{space 2}  7.35178{col 40}{space 1}   -1.20{col 49}{space 3}0.233{col 57}{space 4}-23.26907{col 70}{space 3} 5.690699
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}-4.303462{col 29}{space 2} 7.178114{col 40}{space 1}   -0.60{col 49}{space 3}0.549{col 57}{space 4} -18.4413{col 70}{space 3} 9.834378
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}-1.184229{col 29}{space 2} 6.835885{col 40}{space 1}   -0.17{col 49}{space 3}0.863{col 57}{space 4}-14.64802{col 70}{space 3} 12.27956
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 1.467494{col 29}{space 2} 6.709005{col 40}{space 1}    0.22{col 49}{space 3}0.827{col 57}{space 4} -11.7464{col 70}{space 3} 14.68139
{txt}{space 10}1981  {c |}{col 17}{res}{space 2} 7.688407{col 29}{space 2} 7.460773{col 40}{space 1}    1.03{col 49}{space 3}0.304{col 57}{space 4}-7.006149{col 70}{space 3} 22.38296
{txt}{space 10}1982  {c |}{col 17}{res}{space 2} .4208368{col 29}{space 2} 7.449943{col 40}{space 1}    0.06{col 49}{space 3}0.955{col 57}{space 4}-14.25239{col 70}{space 3} 15.09406
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-6.474287{col 29}{space 2} 7.566297{col 40}{space 1}   -0.86{col 49}{space 3}0.393{col 57}{space 4}-21.37668{col 70}{space 3} 8.428107
{txt}{space 10}1984  {c |}{col 17}{res}{space 2}-3.592384{col 29}{space 2} 8.237421{col 40}{space 1}   -0.44{col 49}{space 3}0.663{col 57}{space 4}-19.81661{col 70}{space 3} 12.63184
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 5.085393{col 29}{space 2} 7.922977{col 40}{space 1}    0.64{col 49}{space 3}0.522{col 57}{space 4}-10.51951{col 70}{space 3}  20.6903
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}-1.371615{col 29}{space 2} 8.049818{col 40}{space 1}   -0.17{col 49}{space 3}0.865{col 57}{space 4}-17.22634{col 70}{space 3} 14.48311
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 2.520476{col 29}{space 2} 8.228356{col 40}{space 1}    0.31{col 49}{space 3}0.760{col 57}{space 4}-13.68589{col 70}{space 3} 18.72685
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}-.3831839{col 29}{space 2} 8.646744{col 40}{space 1}   -0.04{col 49}{space 3}0.965{col 57}{space 4} -17.4136{col 70}{space 3} 16.64723
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 4.821379{col 29}{space 2} 8.946537{col 40}{space 1}    0.54{col 49}{space 3}0.590{col 57}{space 4} -12.7995{col 70}{space 3} 22.44226
{txt}{space 10}1990  {c |}{col 17}{res}{space 2} .3440568{col 29}{space 2} 8.711479{col 40}{space 1}    0.04{col 49}{space 3}0.969{col 57}{space 4}-16.81386{col 70}{space 3} 17.50197
{txt}{space 10}1991  {c |}{col 17}{res}{space 2} .1410683{col 29}{space 2} 8.849195{col 40}{space 1}    0.02{col 49}{space 3}0.987{col 57}{space 4}-17.28809{col 70}{space 3} 17.57023
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 5.077455{col 29}{space 2} 9.578963{col 40}{space 1}    0.53{col 49}{space 3}0.597{col 57}{space 4}-13.78904{col 70}{space 3} 23.94395
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 4.592168{col 29}{space 2} 9.547402{col 40}{space 1}    0.48{col 49}{space 3}0.631{col 57}{space 4}-14.21216{col 70}{space 3}  23.3965
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}   3.2625{col 29}{space 2} 9.319887{col 40}{space 1}    0.35{col 49}{space 3}0.727{col 57}{space 4}-15.09372{col 70}{space 3} 21.61872
{txt}{space 10}1995  {c |}{col 17}{res}{space 2}  14.6479{col 29}{space 2} 9.616646{col 40}{space 1}    1.52{col 49}{space 3}0.129{col 57}{space 4}-4.292807{col 70}{space 3} 33.58862
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 3.457645{col 29}{space 2} 9.826514{col 40}{space 1}    0.35{col 49}{space 3}0.725{col 57}{space 4}-15.89642{col 70}{space 3} 22.81171
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 4.973861{col 29}{space 2} 10.15492{col 40}{space 1}    0.49{col 49}{space 3}0.625{col 57}{space 4}-15.02701{col 70}{space 3} 24.97473
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 1.621056{col 29}{space 2} 10.71076{col 40}{space 1}    0.15{col 49}{space 3}0.880{col 57}{space 4} -19.4746{col 70}{space 3} 22.71671
{txt}{space 10}1999  {c |}{col 17}{res}{space 2}-6.074618{col 29}{space 2} 10.73327{col 40}{space 1}   -0.57{col 49}{space 3}0.572{col 57}{space 4} -27.2146{col 70}{space 3} 15.06537
{txt}{space 10}2000  {c |}{col 17}{res}{space 2}-.1483654{col 29}{space 2} 11.07715{col 40}{space 1}   -0.01{col 49}{space 3}0.989{col 57}{space 4}-21.96565{col 70}{space 3} 21.66891
{txt}{space 10}2001  {c |}{col 17}{res}{space 2}-3.011623{col 29}{space 2} 11.18236{col 40}{space 1}   -0.27{col 49}{space 3}0.788{col 57}{space 4}-25.03612{col 70}{space 3} 19.01287
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}-2.237348{col 29}{space 2} 11.09425{col 40}{space 1}   -0.20{col 49}{space 3}0.840{col 57}{space 4}-24.08831{col 70}{space 3} 19.61362
{txt}{space 10}2003  {c |}{col 17}{res}{space 2}-1.090375{col 29}{space 2} 11.56801{col 40}{space 1}   -0.09{col 49}{space 3}0.925{col 57}{space 4}-23.87444{col 70}{space 3} 21.69369
{txt}{space 10}2004  {c |}{col 17}{res}{space 2}-2.261799{col 29}{space 2}  12.0328{col 40}{space 1}   -0.19{col 49}{space 3}0.851{col 57}{space 4}-25.96132{col 70}{space 3} 21.43772
{txt}{space 10}2005  {c |}{col 17}{res}{space 2}-6.238438{col 29}{space 2} 11.94156{col 40}{space 1}   -0.52{col 49}{space 3}0.602{col 57}{space 4}-29.75825{col 70}{space 3} 17.28138
{txt}{space 10}2006  {c |}{col 17}{res}{space 2}-2.661875{col 29}{space 2} 11.86774{col 40}{space 1}   -0.22{col 49}{space 3}0.823{col 57}{space 4}-26.03629{col 70}{space 3} 20.71254
{txt}{space 10}2007  {c |}{col 17}{res}{space 2}-3.935728{col 29}{space 2} 12.04222{col 40}{space 1}   -0.33{col 49}{space 3}0.744{col 57}{space 4} -27.6538{col 70}{space 3} 19.78234
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} .5018704{col 29}{space 2} 11.97681{col 40}{space 1}    0.04{col 49}{space 3}0.967{col 57}{space 4}-23.08737{col 70}{space 3} 24.09111
{txt}{space 10}2009  {c |}{col 17}{res}{space 2} .8841043{col 29}{space 2} 11.82822{col 40}{space 1}    0.07{col 49}{space 3}0.940{col 57}{space 4}-22.41247{col 70}{space 3} 24.18068
{txt}{space 10}2010  {c |}{col 17}{res}{space 2}-3.965493{col 29}{space 2} 12.74842{col 40}{space 1}   -0.31{col 49}{space 3}0.756{col 57}{space 4}-29.07447{col 70}{space 3} 21.14349
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-1.904331{col 29}{space 2} 5.585011{col 40}{space 1}   -0.34{col 49}{space 3}0.733{col 57}{space 4}-12.90443{col 70}{space 3} 9.095771
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. 
. predict allstates4311pcols
{txt}(option {bf:xb} assumed; fitted values)
(196 missing values generated)

{com}. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       325{col 27}-1116.942{col 38}-1024.149{col 49}    77{col 58} 2202.298{col 69} 2493.652
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. //reduced (1,1) to (4,3)
. //inc
. newey d.real_pc_inc_ann l.real_pc_inc_ann l.klarnerranney d.klarnerranney i.state_fips i.year if allstates4311inc!=. & newsouth==1, lag(8) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       325
{txt}maximum lag: {res}8{col 49}{txt}F( 71,       253){col 67}= {res}     79.39
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}{col 29}  Newey-West
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.0187702{col 29}{space 2} .0220026{col 40}{space 1}   -0.85{col 49}{space 3}0.394{col 57}{space 4}-.0621018{col 70}{space 3} .0245613
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.5287168{col 29}{space 2}  1.20577{col 40}{space 1}   -0.44{col 49}{space 3}0.661{col 57}{space 4}-2.903341{col 70}{space 3} 1.845908
{txt}{space 12}D1. {c |}{col 17}{res}{space 2} .0920993{col 29}{space 2} 1.059727{col 40}{space 1}    0.09{col 49}{space 3}0.931{col 57}{space 4}-1.994911{col 70}{space 3} 2.179109
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2}-28.98337{col 29}{space 2}  40.9456{col 40}{space 1}   -0.71{col 49}{space 3}0.480{col 57}{space 4} -109.621{col 70}{space 3} 51.65428
{txt}{space 12}37  {c |}{col 17}{res}{space 2}-22.38945{col 29}{space 2} 40.49091{col 40}{space 1}   -0.55{col 49}{space 3}0.581{col 57}{space 4}-102.1316{col 70}{space 3} 57.35273
{txt}{space 12}48  {c |}{col 17}{res}{space 2}-9.342784{col 29}{space 2} 41.64352{col 40}{space 1}   -0.22{col 49}{space 3}0.823{col 57}{space 4} -91.3549{col 70}{space 3} 72.66933
{txt}{space 12}51  {c |}{col 17}{res}{space 2} 69.22528{col 29}{space 2} 29.14228{col 40}{space 1}    2.38{col 49}{space 3}0.018{col 57}{space 4} 11.83292{col 70}{space 3} 126.6176
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1947  {c |}{col 17}{res}{space 2}-87.09859{col 29}{space 2} 140.9757{col 40}{space 1}   -0.62{col 49}{space 3}0.537{col 57}{space 4}-364.7339{col 70}{space 3} 190.5367
{txt}{space 10}1948  {c |}{col 17}{res}{space 2} 416.1796{col 29}{space 2} 87.41896{col 40}{space 1}    4.76{col 49}{space 3}0.000{col 57}{space 4}  244.018{col 70}{space 3} 588.3412
{txt}{space 10}1949  {c |}{col 17}{res}{space 2} 443.2732{col 29}{space 2}  159.382{col 40}{space 1}    2.78{col 49}{space 3}0.006{col 57}{space 4} 129.3888{col 70}{space 3} 757.1576
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}  740.179{col 29}{space 2}  84.9717{col 40}{space 1}    8.71{col 49}{space 3}0.000{col 57}{space 4}  572.837{col 70}{space 3} 907.5209
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} 507.0889{col 29}{space 2} 98.56195{col 40}{space 1}    5.14{col 49}{space 3}0.000{col 57}{space 4} 312.9825{col 70}{space 3} 701.1953
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} 546.9339{col 29}{space 2} 102.2788{col 40}{space 1}    5.35{col 49}{space 3}0.000{col 57}{space 4} 345.5075{col 70}{space 3} 748.3603
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 525.9812{col 29}{space 2}  109.338{col 40}{space 1}    4.81{col 49}{space 3}0.000{col 57}{space 4} 310.6527{col 70}{space 3} 741.3098
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} 413.0841{col 29}{space 2} 97.43396{col 40}{space 1}    4.24{col 49}{space 3}0.000{col 57}{space 4} 221.1991{col 70}{space 3}  604.969
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} 757.2156{col 29}{space 2} 101.4529{col 40}{space 1}    7.46{col 49}{space 3}0.000{col 57}{space 4} 557.4159{col 70}{space 3} 957.0154
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} 631.7883{col 29}{space 2} 99.82423{col 40}{space 1}    6.33{col 49}{space 3}0.000{col 57}{space 4}  435.196{col 70}{space 3} 828.3806
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 316.1423{col 29}{space 2} 103.9485{col 40}{space 1}    3.04{col 49}{space 3}0.003{col 57}{space 4} 111.4278{col 70}{space 3} 520.8568
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} 405.1582{col 29}{space 2} 105.0643{col 40}{space 1}    3.86{col 49}{space 3}0.000{col 57}{space 4} 198.2462{col 70}{space 3} 612.0702
{txt}{space 10}1959  {c |}{col 17}{res}{space 2} 648.9047{col 29}{space 2} 96.56929{col 40}{space 1}    6.72{col 49}{space 3}0.000{col 57}{space 4} 458.7226{col 70}{space 3} 839.0868
{txt}{space 10}1960  {c |}{col 17}{res}{space 2} 429.6372{col 29}{space 2} 96.95889{col 40}{space 1}    4.43{col 49}{space 3}0.000{col 57}{space 4} 238.6879{col 70}{space 3} 620.5866
{txt}{space 10}1961  {c |}{col 17}{res}{space 2}  516.732{col 29}{space 2} 97.66071{col 40}{space 1}    5.29{col 49}{space 3}0.000{col 57}{space 4} 324.4005{col 70}{space 3} 709.0635
{txt}{space 10}1962  {c |}{col 17}{res}{space 2} 634.3117{col 29}{space 2} 99.37025{col 40}{space 1}    6.38{col 49}{space 3}0.000{col 57}{space 4} 438.6134{col 70}{space 3}   830.01
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 632.4249{col 29}{space 2} 99.28842{col 40}{space 1}    6.37{col 49}{space 3}0.000{col 57}{space 4} 436.8878{col 70}{space 3}  827.962
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 798.5597{col 29}{space 2} 98.14909{col 40}{space 1}    8.14{col 49}{space 3}0.000{col 57}{space 4} 605.2664{col 70}{space 3} 991.8531
{txt}{space 10}1965  {c |}{col 17}{res}{space 2} 797.8519{col 29}{space 2} 103.0016{col 40}{space 1}    7.75{col 49}{space 3}0.000{col 57}{space 4} 595.0021{col 70}{space 3} 1000.702
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} 819.4949{col 29}{space 2} 111.3224{col 40}{space 1}    7.36{col 49}{space 3}0.000{col 57}{space 4} 600.2582{col 70}{space 3} 1038.732
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 844.4221{col 29}{space 2} 110.2146{col 40}{space 1}    7.66{col 49}{space 3}0.000{col 57}{space 4} 627.3671{col 70}{space 3} 1061.477
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 898.2801{col 29}{space 2} 120.0606{col 40}{space 1}    7.48{col 49}{space 3}0.000{col 57}{space 4} 661.8346{col 70}{space 3} 1134.726
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 896.1526{col 29}{space 2} 134.0702{col 40}{space 1}    6.68{col 49}{space 3}0.000{col 57}{space 4} 632.1168{col 70}{space 3} 1160.188
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 641.5153{col 29}{space 2} 136.8082{col 40}{space 1}    4.69{col 49}{space 3}0.000{col 57}{space 4} 372.0874{col 70}{space 3} 910.9433
{txt}{space 10}1971  {c |}{col 17}{res}{space 2} 740.8815{col 29}{space 2}  133.008{col 40}{space 1}    5.57{col 49}{space 3}0.000{col 57}{space 4} 478.9375{col 70}{space 3} 1002.825
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 1095.829{col 29}{space 2} 136.7336{col 40}{space 1}    8.01{col 49}{space 3}0.000{col 57}{space 4} 826.5476{col 70}{space 3}  1365.11
{txt}{space 10}1973  {c |}{col 17}{res}{space 2}  991.421{col 29}{space 2} 145.3624{col 40}{space 1}    6.82{col 49}{space 3}0.000{col 57}{space 4} 705.1465{col 70}{space 3} 1277.696
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 325.0604{col 29}{space 2} 164.0381{col 40}{space 1}    1.98{col 49}{space 3}0.049{col 57}{space 4} 2.006271{col 70}{space 3} 648.1146
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} 366.5738{col 29}{space 2} 178.0766{col 40}{space 1}    2.06{col 49}{space 3}0.041{col 57}{space 4} 15.87255{col 70}{space 3} 717.2751
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} 893.8654{col 29}{space 2} 149.2364{col 40}{space 1}    5.99{col 49}{space 3}0.000{col 57}{space 4} 599.9614{col 70}{space 3} 1187.769
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} 783.2825{col 29}{space 2} 157.5634{col 40}{space 1}    4.97{col 49}{space 3}0.000{col 57}{space 4} 472.9795{col 70}{space 3} 1093.586
{txt}{space 10}1978  {c |}{col 17}{res}{space 2} 977.3183{col 29}{space 2} 164.1377{col 40}{space 1}    5.95{col 49}{space 3}0.000{col 57}{space 4}  654.068{col 70}{space 3} 1300.569
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}  502.839{col 29}{space 2}  174.292{col 40}{space 1}    2.89{col 49}{space 3}0.004{col 57}{space 4} 159.5909{col 70}{space 3}  846.087
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 348.0798{col 29}{space 2} 179.1758{col 40}{space 1}    1.94{col 49}{space 3}0.053{col 57}{space 4}-4.786272{col 70}{space 3} 700.9459
{txt}{space 10}1981  {c |}{col 17}{res}{space 2}  714.259{col 29}{space 2} 183.2795{col 40}{space 1}    3.90{col 49}{space 3}0.000{col 57}{space 4} 353.3112{col 70}{space 3} 1075.207
{txt}{space 10}1982  {c |}{col 17}{res}{space 2} 550.7995{col 29}{space 2} 170.2362{col 40}{space 1}    3.24{col 49}{space 3}0.001{col 57}{space 4} 215.5389{col 70}{space 3}   886.06
{txt}{space 10}1983  {c |}{col 17}{res}{space 2} 943.9967{col 29}{space 2} 184.3132{col 40}{space 1}    5.12{col 49}{space 3}0.000{col 57}{space 4} 581.0131{col 70}{space 3}  1306.98
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 1192.165{col 29}{space 2} 182.9652{col 40}{space 1}    6.52{col 49}{space 3}0.000{col 57}{space 4} 831.8358{col 70}{space 3} 1552.494
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 926.3605{col 29}{space 2} 186.0556{col 40}{space 1}    4.98{col 49}{space 3}0.000{col 57}{space 4} 559.9455{col 70}{space 3} 1292.776
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} 936.2136{col 29}{space 2} 228.6312{col 40}{space 1}    4.09{col 49}{space 3}0.000{col 57}{space 4} 485.9508{col 70}{space 3} 1386.476
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 743.1579{col 29}{space 2} 220.4037{col 40}{space 1}    3.37{col 49}{space 3}0.001{col 57}{space 4} 309.0982{col 70}{space 3} 1177.218
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} 935.2889{col 29}{space 2} 210.2588{col 40}{space 1}    4.45{col 49}{space 3}0.000{col 57}{space 4} 521.2084{col 70}{space 3} 1349.369
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 839.5024{col 29}{space 2} 219.7089{col 40}{space 1}    3.82{col 49}{space 3}0.000{col 57}{space 4} 406.8111{col 70}{space 3} 1272.194
{txt}{space 10}1990  {c |}{col 17}{res}{space 2} 496.9601{col 29}{space 2} 237.2722{col 40}{space 1}    2.09{col 49}{space 3}0.037{col 57}{space 4} 29.67979{col 70}{space 3} 964.2405
{txt}{space 10}1991  {c |}{col 17}{res}{space 2} 386.3607{col 29}{space 2} 221.9403{col 40}{space 1}    1.74{col 49}{space 3}0.083{col 57}{space 4}-50.72519{col 70}{space 3} 823.4466
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 859.9935{col 29}{space 2} 222.5725{col 40}{space 1}    3.86{col 49}{space 3}0.000{col 57}{space 4} 421.6626{col 70}{space 3} 1298.324
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 692.3154{col 29}{space 2} 220.3456{col 40}{space 1}    3.14{col 49}{space 3}0.002{col 57}{space 4} 258.3701{col 70}{space 3} 1126.261
{txt}{space 10}1994  {c |}{col 17}{res}{space 2} 828.9766{col 29}{space 2} 227.9851{col 40}{space 1}    3.64{col 49}{space 3}0.000{col 57}{space 4} 379.9862{col 70}{space 3} 1277.967
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 846.7385{col 29}{space 2}  231.875{col 40}{space 1}    3.65{col 49}{space 3}0.000{col 57}{space 4} 390.0875{col 70}{space 3}  1303.39
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 912.0746{col 29}{space 2} 246.0179{col 40}{space 1}    3.71{col 49}{space 3}0.000{col 57}{space 4} 427.5706{col 70}{space 3} 1396.579
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 1015.651{col 29}{space 2}   262.62{col 40}{space 1}    3.87{col 49}{space 3}0.000{col 57}{space 4} 498.4507{col 70}{space 3}  1532.85
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 1293.199{col 29}{space 2} 258.3733{col 40}{space 1}    5.01{col 49}{space 3}0.000{col 57}{space 4} 784.3624{col 70}{space 3} 1802.035
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 948.2498{col 29}{space 2} 261.6418{col 40}{space 1}    3.62{col 49}{space 3}0.000{col 57}{space 4} 432.9763{col 70}{space 3} 1463.523
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 1178.048{col 29}{space 2} 278.8429{col 40}{space 1}    4.22{col 49}{space 3}0.000{col 57}{space 4} 628.8985{col 70}{space 3} 1727.197
{txt}{space 10}2001  {c |}{col 17}{res}{space 2}   669.66{col 29}{space 2} 264.1001{col 40}{space 1}    2.54{col 49}{space 3}0.012{col 57}{space 4} 149.5453{col 70}{space 3} 1189.775
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} 519.1682{col 29}{space 2} 283.4603{col 40}{space 1}    1.83{col 49}{space 3}0.068{col 57}{space 4}-39.07411{col 70}{space 3} 1077.411
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 684.6896{col 29}{space 2} 257.3415{col 40}{space 1}    2.66{col 49}{space 3}0.008{col 57}{space 4} 177.8851{col 70}{space 3} 1191.494
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 1074.307{col 29}{space 2} 297.5448{col 40}{space 1}    3.61{col 49}{space 3}0.000{col 57}{space 4} 488.3272{col 70}{space 3} 1660.287
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 1035.801{col 29}{space 2} 304.6334{col 40}{space 1}    3.40{col 49}{space 3}0.001{col 57}{space 4}  435.861{col 70}{space 3} 1635.742
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 1067.935{col 29}{space 2} 312.9094{col 40}{space 1}    3.41{col 49}{space 3}0.001{col 57}{space 4}  451.696{col 70}{space 3} 1684.174
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 922.6615{col 29}{space 2} 294.1289{col 40}{space 1}    3.14{col 49}{space 3}0.002{col 57}{space 4} 343.4085{col 70}{space 3} 1501.915
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 567.2625{col 29}{space 2} 385.9315{col 40}{space 1}    1.47{col 49}{space 3}0.143{col 57}{space 4}-192.7851{col 70}{space 3}  1327.31
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-250.8748{col 29}{space 2} 270.8638{col 40}{space 1}   -0.93{col 49}{space 3}0.355{col 57}{space 4}-784.3099{col 70}{space 3} 282.5603
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} 811.1367{col 29}{space 2} 298.2157{col 40}{space 1}    2.72{col 49}{space 3}0.007{col 57}{space 4} 223.8353{col 70}{space 3} 1398.438
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-290.6258{col 29}{space 2}  158.348{col 40}{space 1}   -1.84{col 49}{space 3}0.068{col 57}{space 4}-602.4739{col 70}{space 3} 21.22229
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. reg d.real_pc_inc_ann l.real_pc_inc_ann l.klarnerranney d.klarnerranney i.state_fips i.year if allstates4311incols!=. & newsouth==1

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       325
{txt}{hline 13}{c +}{hline 34}   F(71, 253)      = {res}    15.80
{txt}       Model {c |} {res} 24548641.7        71  345755.516   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res}    5536865       253  21884.8419   {txt}R-squared       ={res}    0.8160
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.7643
{txt}       Total {c |} {res} 30085506.7       324   92856.502   {txt}Root MSE        =   {res} 147.94

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.0187702{col 29}{space 2} .0176231{col 40}{space 1}   -1.07{col 49}{space 3}0.288{col 57}{space 4} -.053477{col 70}{space 3} .0159365
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.5287168{col 29}{space 2} .8491925{col 40}{space 1}   -0.62{col 49}{space 3}0.534{col 57}{space 4}-2.201104{col 70}{space 3}  1.14367
{txt}{space 12}D1. {c |}{col 17}{res}{space 2} .0920993{col 29}{space 2}  1.42839{col 40}{space 1}    0.06{col 49}{space 3}0.949{col 57}{space 4} -2.72095{col 70}{space 3} 2.905148
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2}-28.98337{col 29}{space 2} 35.30103{col 40}{space 1}   -0.82{col 49}{space 3}0.412{col 57}{space 4}-98.50468{col 70}{space 3} 40.53794
{txt}{space 12}37  {c |}{col 17}{res}{space 2}-22.38945{col 29}{space 2} 36.36877{col 40}{space 1}   -0.62{col 49}{space 3}0.539{col 57}{space 4}-94.01355{col 70}{space 3} 49.23464
{txt}{space 12}48  {c |}{col 17}{res}{space 2}-9.342784{col 29}{space 2} 29.15473{col 40}{space 1}   -0.32{col 49}{space 3}0.749{col 57}{space 4}-66.75967{col 70}{space 3}  48.0741
{txt}{space 12}51  {c |}{col 17}{res}{space 2} 69.22528{col 29}{space 2} 27.06404{col 40}{space 1}    2.56{col 49}{space 3}0.011{col 57}{space 4} 15.92578{col 70}{space 3} 122.5248
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1947  {c |}{col 17}{res}{space 2}-87.09859{col 29}{space 2}  93.8228{col 40}{space 1}   -0.93{col 49}{space 3}0.354{col 57}{space 4}-271.8718{col 70}{space 3} 97.67461
{txt}{space 10}1948  {c |}{col 17}{res}{space 2} 416.1796{col 29}{space 2} 94.80133{col 40}{space 1}    4.39{col 49}{space 3}0.000{col 57}{space 4} 229.4793{col 70}{space 3} 602.8799
{txt}{space 10}1949  {c |}{col 17}{res}{space 2} 443.2732{col 29}{space 2} 94.69587{col 40}{space 1}    4.68{col 49}{space 3}0.000{col 57}{space 4} 256.7806{col 70}{space 3} 629.7658
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}  740.179{col 29}{space 2} 94.52775{col 40}{space 1}    7.83{col 49}{space 3}0.000{col 57}{space 4} 554.0175{col 70}{space 3} 926.3405
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} 507.0889{col 29}{space 2}  93.8379{col 40}{space 1}    5.40{col 49}{space 3}0.000{col 57}{space 4} 322.2859{col 70}{space 3} 691.8918
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} 546.9339{col 29}{space 2} 93.70158{col 40}{space 1}    5.84{col 49}{space 3}0.000{col 57}{space 4} 362.3994{col 70}{space 3} 731.4683
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 525.9812{col 29}{space 2} 93.62353{col 40}{space 1}    5.62{col 49}{space 3}0.000{col 57}{space 4} 341.6005{col 70}{space 3}  710.362
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} 413.0841{col 29}{space 2} 93.56644{col 40}{space 1}    4.41{col 49}{space 3}0.000{col 57}{space 4} 228.8157{col 70}{space 3} 597.3524
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} 757.2156{col 29}{space 2} 93.57305{col 40}{space 1}    8.09{col 49}{space 3}0.000{col 57}{space 4} 572.9343{col 70}{space 3}  941.497
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} 631.7883{col 29}{space 2} 93.81808{col 40}{space 1}    6.73{col 49}{space 3}0.000{col 57}{space 4} 447.0244{col 70}{space 3} 816.5522
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 316.1423{col 29}{space 2} 94.20582{col 40}{space 1}    3.36{col 49}{space 3}0.001{col 57}{space 4} 130.6147{col 70}{space 3} 501.6698
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} 405.1582{col 29}{space 2}  94.0386{col 40}{space 1}    4.31{col 49}{space 3}0.000{col 57}{space 4}   219.96{col 70}{space 3} 590.3564
{txt}{space 10}1959  {c |}{col 17}{res}{space 2} 648.9047{col 29}{space 2} 94.13703{col 40}{space 1}    6.89{col 49}{space 3}0.000{col 57}{space 4} 463.5127{col 70}{space 3} 834.2967
{txt}{space 10}1960  {c |}{col 17}{res}{space 2} 429.6372{col 29}{space 2} 94.57262{col 40}{space 1}    4.54{col 49}{space 3}0.000{col 57}{space 4} 243.3873{col 70}{space 3} 615.8871
{txt}{space 10}1961  {c |}{col 17}{res}{space 2}  516.732{col 29}{space 2}  94.6553{col 40}{space 1}    5.46{col 49}{space 3}0.000{col 57}{space 4} 330.3193{col 70}{space 3} 703.1447
{txt}{space 10}1962  {c |}{col 17}{res}{space 2} 634.3117{col 29}{space 2} 94.92519{col 40}{space 1}    6.68{col 49}{space 3}0.000{col 57}{space 4} 447.3675{col 70}{space 3} 821.2559
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 632.4249{col 29}{space 2} 95.71683{col 40}{space 1}    6.61{col 49}{space 3}0.000{col 57}{space 4} 443.9216{col 70}{space 3} 820.9282
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 798.5597{col 29}{space 2} 96.61732{col 40}{space 1}    8.27{col 49}{space 3}0.000{col 57}{space 4}  608.283{col 70}{space 3} 988.8364
{txt}{space 10}1965  {c |}{col 17}{res}{space 2} 797.8519{col 29}{space 2} 98.49046{col 40}{space 1}    8.10{col 49}{space 3}0.000{col 57}{space 4} 603.8863{col 70}{space 3} 991.8175
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} 819.4949{col 29}{space 2}  100.707{col 40}{space 1}    8.14{col 49}{space 3}0.000{col 57}{space 4} 621.1641{col 70}{space 3} 1017.826
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 844.4221{col 29}{space 2} 105.8834{col 40}{space 1}    7.98{col 49}{space 3}0.000{col 57}{space 4} 635.8969{col 70}{space 3} 1052.947
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 898.2801{col 29}{space 2} 108.5243{col 40}{space 1}    8.28{col 49}{space 3}0.000{col 57}{space 4} 684.5541{col 70}{space 3} 1112.006
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 896.1526{col 29}{space 2} 112.6333{col 40}{space 1}    7.96{col 49}{space 3}0.000{col 57}{space 4} 674.3342{col 70}{space 3} 1117.971
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 641.5153{col 29}{space 2} 116.9339{col 40}{space 1}    5.49{col 49}{space 3}0.000{col 57}{space 4} 411.2274{col 70}{space 3} 871.8032
{txt}{space 10}1971  {c |}{col 17}{res}{space 2} 740.8815{col 29}{space 2} 118.8131{col 40}{space 1}    6.24{col 49}{space 3}0.000{col 57}{space 4} 506.8928{col 70}{space 3} 974.8701
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 1095.829{col 29}{space 2}  120.747{col 40}{space 1}    9.08{col 49}{space 3}0.000{col 57}{space 4} 858.0312{col 70}{space 3} 1333.626
{txt}{space 10}1973  {c |}{col 17}{res}{space 2}  991.421{col 29}{space 2} 128.6562{col 40}{space 1}    7.71{col 49}{space 3}0.000{col 57}{space 4} 738.0475{col 70}{space 3} 1244.795
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 325.0604{col 29}{space 2} 135.1391{col 40}{space 1}    2.41{col 49}{space 3}0.017{col 57}{space 4} 58.91963{col 70}{space 3} 591.2012
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} 366.5738{col 29}{space 2} 134.0091{col 40}{space 1}    2.74{col 49}{space 3}0.007{col 57}{space 4} 102.6583{col 70}{space 3} 630.4893
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} 893.8654{col 29}{space 2}  128.909{col 40}{space 1}    6.93{col 49}{space 3}0.000{col 57}{space 4} 639.9939{col 70}{space 3} 1147.737
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} 783.2825{col 29}{space 2} 133.4112{col 40}{space 1}    5.87{col 49}{space 3}0.000{col 57}{space 4} 520.5445{col 70}{space 3} 1046.021
{txt}{space 10}1978  {c |}{col 17}{res}{space 2} 977.3183{col 29}{space 2} 136.6877{col 40}{space 1}    7.15{col 49}{space 3}0.000{col 57}{space 4} 708.1275{col 70}{space 3} 1246.509
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}  502.839{col 29}{space 2}  142.834{col 40}{space 1}    3.52{col 49}{space 3}0.001{col 57}{space 4} 221.5439{col 70}{space 3} 784.1341
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 348.0798{col 29}{space 2} 142.9937{col 40}{space 1}    2.43{col 49}{space 3}0.016{col 57}{space 4} 66.47018{col 70}{space 3} 629.6895
{txt}{space 10}1981  {c |}{col 17}{res}{space 2}  714.259{col 29}{space 2} 141.7217{col 40}{space 1}    5.04{col 49}{space 3}0.000{col 57}{space 4} 435.1545{col 70}{space 3} 993.3635
{txt}{space 10}1982  {c |}{col 17}{res}{space 2} 550.7995{col 29}{space 2} 144.9923{col 40}{space 1}    3.80{col 49}{space 3}0.000{col 57}{space 4} 265.2539{col 70}{space 3}  836.345
{txt}{space 10}1983  {c |}{col 17}{res}{space 2} 943.9967{col 29}{space 2} 145.6626{col 40}{space 1}    6.48{col 49}{space 3}0.000{col 57}{space 4} 657.1309{col 70}{space 3} 1230.862
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 1192.165{col 29}{space 2} 149.8811{col 40}{space 1}    7.95{col 49}{space 3}0.000{col 57}{space 4} 896.9912{col 70}{space 3} 1487.338
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 926.3605{col 29}{space 2} 159.6765{col 40}{space 1}    5.80{col 49}{space 3}0.000{col 57}{space 4}  611.896{col 70}{space 3} 1240.825
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} 936.2136{col 29}{space 2} 165.8165{col 40}{space 1}    5.65{col 49}{space 3}0.000{col 57}{space 4}  609.657{col 70}{space 3}  1262.77
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 743.1579{col 29}{space 2} 171.3742{col 40}{space 1}    4.34{col 49}{space 3}0.000{col 57}{space 4} 405.6561{col 70}{space 3}  1080.66
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} 935.2889{col 29}{space 2} 174.3721{col 40}{space 1}    5.36{col 49}{space 3}0.000{col 57}{space 4} 591.8831{col 70}{space 3} 1278.695
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 839.5024{col 29}{space 2}  180.171{col 40}{space 1}    4.66{col 49}{space 3}0.000{col 57}{space 4} 484.6764{col 70}{space 3} 1194.328
{txt}{space 10}1990  {c |}{col 17}{res}{space 2} 496.9601{col 29}{space 2} 184.8787{col 40}{space 1}    2.69{col 49}{space 3}0.008{col 57}{space 4} 132.8629{col 70}{space 3} 861.0574
{txt}{space 10}1991  {c |}{col 17}{res}{space 2} 386.3607{col 29}{space 2}  183.696{col 40}{space 1}    2.10{col 49}{space 3}0.036{col 57}{space 4} 24.59267{col 70}{space 3} 748.1287
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 859.9935{col 29}{space 2} 181.0082{col 40}{space 1}    4.75{col 49}{space 3}0.000{col 57}{space 4} 503.5188{col 70}{space 3} 1216.468
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 692.3154{col 29}{space 2} 186.3105{col 40}{space 1}    3.72{col 49}{space 3}0.000{col 57}{space 4} 325.3984{col 70}{space 3} 1059.232
{txt}{space 10}1994  {c |}{col 17}{res}{space 2} 828.9766{col 29}{space 2} 188.8796{col 40}{space 1}    4.39{col 49}{space 3}0.000{col 57}{space 4}      457{col 70}{space 3} 1200.953
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 846.7385{col 29}{space 2} 194.3307{col 40}{space 1}    4.36{col 49}{space 3}0.000{col 57}{space 4} 464.0266{col 70}{space 3}  1229.45
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 912.0746{col 29}{space 2}  199.722{col 40}{space 1}    4.57{col 49}{space 3}0.000{col 57}{space 4} 518.7452{col 70}{space 3} 1305.404
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 1015.651{col 29}{space 2}  204.315{col 40}{space 1}    4.97{col 49}{space 3}0.000{col 57}{space 4} 613.2758{col 70}{space 3} 1418.025
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 1293.199{col 29}{space 2} 210.4013{col 40}{space 1}    6.15{col 49}{space 3}0.000{col 57}{space 4} 878.8377{col 70}{space 3}  1707.56
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 948.2498{col 29}{space 2} 219.9936{col 40}{space 1}    4.31{col 49}{space 3}0.000{col 57}{space 4} 514.9977{col 70}{space 3} 1381.502
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 1178.048{col 29}{space 2} 223.3769{col 40}{space 1}    5.27{col 49}{space 3}0.000{col 57}{space 4} 738.1325{col 70}{space 3} 1617.963
{txt}{space 10}2001  {c |}{col 17}{res}{space 2}   669.66{col 29}{space 2} 231.4556{col 40}{space 1}    2.89{col 49}{space 3}0.004{col 57}{space 4} 213.8349{col 70}{space 3} 1125.485
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} 519.1682{col 29}{space 2} 231.5496{col 40}{space 1}    2.24{col 49}{space 3}0.026{col 57}{space 4} 63.15796{col 70}{space 3} 975.1785
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 684.6896{col 29}{space 2} 229.0095{col 40}{space 1}    2.99{col 49}{space 3}0.003{col 57}{space 4} 233.6819{col 70}{space 3} 1135.697
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 1074.307{col 29}{space 2} 229.4728{col 40}{space 1}    4.68{col 49}{space 3}0.000{col 57}{space 4} 622.3871{col 70}{space 3} 1526.228
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 1035.801{col 29}{space 2}  235.936{col 40}{space 1}    4.39{col 49}{space 3}0.000{col 57}{space 4} 571.1525{col 70}{space 3}  1500.45
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 1067.935{col 29}{space 2} 241.3036{col 40}{space 1}    4.43{col 49}{space 3}0.000{col 57}{space 4} 592.7153{col 70}{space 3} 1543.155
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 922.6615{col 29}{space 2} 247.6598{col 40}{space 1}    3.73{col 49}{space 3}0.000{col 57}{space 4} 434.9241{col 70}{space 3} 1410.399
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 567.2625{col 29}{space 2}  251.687{col 40}{space 1}    2.25{col 49}{space 3}0.025{col 57}{space 4} 71.59403{col 70}{space 3} 1062.931
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-250.8748{col 29}{space 2} 250.5214{col 40}{space 1}   -1.00{col 49}{space 3}0.318{col 57}{space 4}-744.2478{col 70}{space 3} 242.4982
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} 811.1367{col 29}{space 2} 236.2355{col 40}{space 1}    3.43{col 49}{space 3}0.001{col 57}{space 4} 345.8982{col 70}{space 3} 1276.375
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-290.6258{col 29}{space 2} 125.2733{col 40}{space 1}   -2.32{col 49}{space 3}0.021{col 57}{space 4}-537.3371{col 70}{space 3}-43.91444
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       325{col 27}-2319.461{col 38}-2044.411{col 49}    72{col 58} 4232.822{col 69} 4505.257
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. //pc
. newey d.klarnerranney l.klarnerranney l.real_pc_inc_ann d.real_pc_inc_ann i.state_fips i.year if allstates4311pc!=. & newsouth==1, lag(8) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       325
{txt}maximum lag: {res}8{col 49}{txt}F( 71,       253){col 67}= {res}      5.67
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}  Newey-West
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1721381{col 29}{space 2} .0409974{col 40}{space 1}   -4.20{col 49}{space 3}0.000{col 57}{space 4}-.2528777{col 70}{space 3}-.0913984
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0007055{col 29}{space 2} .0005963{col 40}{space 1}    1.18{col 49}{space 3}0.238{col 57}{space 4}-.0004689{col 70}{space 3} .0018799
{txt}{space 12}D1. {c |}{col 17}{res}{space 2} .0001784{col 29}{space 2} .0020728{col 40}{space 1}    0.09{col 49}{space 3}0.931{col 57}{space 4}-.0039037{col 70}{space 3} .0042605
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2}-1.657761{col 29}{space 2}  1.92604{col 40}{space 1}   -0.86{col 49}{space 3}0.390{col 57}{space 4}-5.450874{col 70}{space 3} 2.135352
{txt}{space 12}37  {c |}{col 17}{res}{space 2}-.1447076{col 29}{space 2} 1.799726{col 40}{space 1}   -0.08{col 49}{space 3}0.936{col 57}{space 4}-3.689061{col 70}{space 3} 3.399646
{txt}{space 12}48  {c |}{col 17}{res}{space 2} -1.52295{col 29}{space 2} 1.656894{col 40}{space 1}   -0.92{col 49}{space 3}0.359{col 57}{space 4}-4.786012{col 70}{space 3} 1.740113
{txt}{space 12}51  {c |}{col 17}{res}{space 2}-.2860316{col 29}{space 2} 1.215201{col 40}{space 1}   -0.24{col 49}{space 3}0.814{col 57}{space 4} -2.67923{col 70}{space 3} 2.107167
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1947  {c |}{col 17}{res}{space 2}-.5436525{col 29}{space 2} .8984145{col 40}{space 1}   -0.61{col 49}{space 3}0.546{col 57}{space 4}-2.312976{col 70}{space 3} 1.225671
{txt}{space 10}1948  {c |}{col 17}{res}{space 2}-.2457006{col 29}{space 2} 1.310887{col 40}{space 1}   -0.19{col 49}{space 3}0.851{col 57}{space 4}-2.827342{col 70}{space 3}  2.33594
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-.1433449{col 29}{space 2} 1.311214{col 40}{space 1}   -0.11{col 49}{space 3}0.913{col 57}{space 4} -2.72563{col 70}{space 3}  2.43894
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}-.2106232{col 29}{space 2}  1.81219{col 40}{space 1}   -0.12{col 49}{space 3}0.908{col 57}{space 4}-3.779523{col 70}{space 3} 3.358277
{txt}{space 10}1951  {c |}{col 17}{res}{space 2}-.2933337{col 29}{space 2} 1.507823{col 40}{space 1}   -0.19{col 49}{space 3}0.846{col 57}{space 4}-3.262817{col 70}{space 3}  2.67615
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}  .144481{col 29}{space 2} 1.473967{col 40}{space 1}    0.10{col 49}{space 3}0.922{col 57}{space 4}-2.758327{col 70}{space 3} 3.047289
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 1.640464{col 29}{space 2} 1.719416{col 40}{space 1}    0.95{col 49}{space 3}0.341{col 57}{space 4}-1.745728{col 70}{space 3} 5.026655
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} -.104271{col 29}{space 2} 1.218136{col 40}{space 1}   -0.09{col 49}{space 3}0.932{col 57}{space 4}-2.503249{col 70}{space 3} 2.294707
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}-.8394417{col 29}{space 2} 1.991301{col 40}{space 1}   -0.42{col 49}{space 3}0.674{col 57}{space 4} -4.76108{col 70}{space 3} 3.082197
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-.5240181{col 29}{space 2} 1.547272{col 40}{space 1}   -0.34{col 49}{space 3}0.735{col 57}{space 4}-3.571193{col 70}{space 3} 2.523157
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} .6707138{col 29}{space 2} 1.811339{col 40}{space 1}    0.37{col 49}{space 3}0.711{col 57}{space 4} -2.89651{col 70}{space 3} 4.237937
{txt}{space 10}1958  {c |}{col 17}{res}{space 2}-.3582289{col 29}{space 2} 1.260545{col 40}{space 1}   -0.28{col 49}{space 3}0.777{col 57}{space 4}-2.840727{col 70}{space 3} 2.124269
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-3.138232{col 29}{space 2} 2.626637{col 40}{space 1}   -1.19{col 49}{space 3}0.233{col 57}{space 4}-8.311091{col 70}{space 3} 2.034627
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-1.205073{col 29}{space 2} 1.296101{col 40}{space 1}   -0.93{col 49}{space 3}0.353{col 57}{space 4}-3.757595{col 70}{space 3} 1.347449
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} 1.812566{col 29}{space 2} 2.544901{col 40}{space 1}    0.71{col 49}{space 3}0.477{col 57}{space 4}-3.199324{col 70}{space 3} 6.824456
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}-1.004169{col 29}{space 2} 1.736903{col 40}{space 1}   -0.58{col 49}{space 3}0.564{col 57}{space 4}  -4.4248{col 70}{space 3} 2.416461
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 2.430342{col 29}{space 2} 1.803249{col 40}{space 1}    1.35{col 49}{space 3}0.179{col 57}{space 4}-1.120949{col 70}{space 3} 5.981633
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 2.006258{col 29}{space 2} 2.229433{col 40}{space 1}    0.90{col 49}{space 3}0.369{col 57}{space 4}-2.384354{col 70}{space 3} 6.396869
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}-.1284431{col 29}{space 2} 4.503062{col 40}{space 1}   -0.03{col 49}{space 3}0.977{col 57}{space 4}-8.996705{col 70}{space 3} 8.739819
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} 1.704693{col 29}{space 2} 3.061989{col 40}{space 1}    0.56{col 49}{space 3}0.578{col 57}{space 4}-4.325541{col 70}{space 3} 7.734927
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 15.72657{col 29}{space 2} 11.79196{col 40}{space 1}    1.33{col 49}{space 3}0.184{col 57}{space 4}-7.496335{col 70}{space 3} 38.94948
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 5.305148{col 29}{space 2} 3.002549{col 40}{space 1}    1.77{col 49}{space 3}0.078{col 57}{space 4}-.6080254{col 70}{space 3} 11.21832
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 3.314892{col 29}{space 2} 4.284342{col 40}{space 1}    0.77{col 49}{space 3}0.440{col 57}{space 4}-5.122626{col 70}{space 3} 11.75241
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 4.981307{col 29}{space 2} 4.126924{col 40}{space 1}    1.21{col 49}{space 3}0.229{col 57}{space 4}-3.146194{col 70}{space 3} 13.10881
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}  -1.8569{col 29}{space 2} 3.814963{col 40}{space 1}   -0.49{col 49}{space 3}0.627{col 57}{space 4} -9.37003{col 70}{space 3} 5.656229
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 1.598813{col 29}{space 2} 3.733777{col 40}{space 1}    0.43{col 49}{space 3}0.669{col 57}{space 4} -5.75443{col 70}{space 3} 8.952056
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 12.05091{col 29}{space 2} 5.610708{col 40}{space 1}    2.15{col 49}{space 3}0.033{col 57}{space 4} 1.001265{col 70}{space 3} 23.10055
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 3.476494{col 29}{space 2} 4.071423{col 40}{space 1}    0.85{col 49}{space 3}0.394{col 57}{space 4}-4.541705{col 70}{space 3} 11.49469
{txt}{space 10}1975  {c |}{col 17}{res}{space 2}-11.92165{col 29}{space 2} 8.605781{col 40}{space 1}   -1.39{col 49}{space 3}0.167{col 57}{space 4}-28.86975{col 70}{space 3} 5.026441
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-1.698954{col 29}{space 2} 4.131749{col 40}{space 1}   -0.41{col 49}{space 3}0.681{col 57}{space 4}-9.835957{col 70}{space 3}  6.43805
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} -1.76587{col 29}{space 2}  3.86897{col 40}{space 1}   -0.46{col 49}{space 3}0.648{col 57}{space 4}-9.385362{col 70}{space 3} 5.853621
{txt}{space 10}1978  {c |}{col 17}{res}{space 2} .0627113{col 29}{space 2} 4.111454{col 40}{space 1}    0.02{col 49}{space 3}0.988{col 57}{space 4}-8.034324{col 70}{space 3} 8.159747
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}  2.91139{col 29}{space 2} 4.542229{col 40}{space 1}    0.64{col 49}{space 3}0.522{col 57}{space 4}-6.034006{col 70}{space 3} 11.85679
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 2.896283{col 29}{space 2} 4.597876{col 40}{space 1}    0.63{col 49}{space 3}0.529{col 57}{space 4}-6.158704{col 70}{space 3} 11.95127
{txt}{space 10}1981  {c |}{col 17}{res}{space 2}  9.53633{col 29}{space 2} 5.306955{col 40}{space 1}    1.80{col 49}{space 3}0.074{col 57}{space 4}-.9151065{col 70}{space 3} 19.98777
{txt}{space 10}1982  {c |}{col 17}{res}{space 2} 3.888605{col 29}{space 2}    4.812{col 40}{space 1}    0.81{col 49}{space 3}0.420{col 57}{space 4}-5.588076{col 70}{space 3} 13.36528
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-4.868262{col 29}{space 2} 5.001066{col 40}{space 1}   -0.97{col 49}{space 3}0.331{col 57}{space 4}-14.71729{col 70}{space 3} 4.980762
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} .8263825{col 29}{space 2} 4.740959{col 40}{space 1}    0.17{col 49}{space 3}0.862{col 57}{space 4} -8.51039{col 70}{space 3} 10.16316
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 10.86053{col 29}{space 2} 7.226681{col 40}{space 1}    1.50{col 49}{space 3}0.134{col 57}{space 4}-3.371591{col 70}{space 3} 25.09264
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} 2.304337{col 29}{space 2} 5.428725{col 40}{space 1}    0.42{col 49}{space 3}0.672{col 57}{space 4}-8.386912{col 70}{space 3} 12.99559
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 5.194631{col 29}{space 2} 6.195595{col 40}{space 1}    0.84{col 49}{space 3}0.403{col 57}{space 4}-7.006879{col 70}{space 3} 17.39614
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} 2.576358{col 29}{space 2} 5.715936{col 40}{space 1}    0.45{col 49}{space 3}0.653{col 57}{space 4} -8.68052{col 70}{space 3} 13.83324
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 9.332169{col 29}{space 2} 6.399695{col 40}{space 1}    1.46{col 49}{space 3}0.146{col 57}{space 4}-3.271292{col 70}{space 3} 21.93563
{txt}{space 10}1990  {c |}{col 17}{res}{space 2} 4.099912{col 29}{space 2} 6.137373{col 40}{space 1}    0.67{col 49}{space 3}0.505{col 57}{space 4}-7.986937{col 70}{space 3} 16.18676
{txt}{space 10}1991  {c |}{col 17}{res}{space 2} 2.310696{col 29}{space 2} 6.082131{col 40}{space 1}    0.38{col 49}{space 3}0.704{col 57}{space 4}-9.667362{col 70}{space 3} 14.28875
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 8.576008{col 29}{space 2}   7.1376{col 40}{space 1}    1.20{col 49}{space 3}0.231{col 57}{space 4}-5.480673{col 70}{space 3} 22.63269
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 10.68367{col 29}{space 2} 6.984118{col 40}{space 1}    1.53{col 49}{space 3}0.127{col 57}{space 4}-3.070751{col 70}{space 3} 24.43808
{txt}{space 10}1994  {c |}{col 17}{res}{space 2} 6.923357{col 29}{space 2} 6.542134{col 40}{space 1}    1.06{col 49}{space 3}0.291{col 57}{space 4}-5.960623{col 70}{space 3} 19.80734
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 18.89468{col 29}{space 2} 8.954101{col 40}{space 1}    2.11{col 49}{space 3}0.036{col 57}{space 4} 1.260604{col 70}{space 3} 36.52875
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 8.139095{col 29}{space 2}  7.43469{col 40}{space 1}    1.09{col 49}{space 3}0.275{col 57}{space 4} -6.50267{col 70}{space 3} 22.78086
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 8.988247{col 29}{space 2} 8.604187{col 40}{space 1}    1.04{col 49}{space 3}0.297{col 57}{space 4}-7.956708{col 70}{space 3}  25.9332
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 7.253169{col 29}{space 2} 7.785686{col 40}{space 1}    0.93{col 49}{space 3}0.352{col 57}{space 4}-8.079843{col 70}{space 3} 22.58618
{txt}{space 10}1999  {c |}{col 17}{res}{space 2}   .96139{col 29}{space 2} 9.458191{col 40}{space 1}    0.10{col 49}{space 3}0.919{col 57}{space 4}-17.66543{col 70}{space 3} 19.58821
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 5.325181{col 29}{space 2} 7.963393{col 40}{space 1}    0.67{col 49}{space 3}0.504{col 57}{space 4} -10.3578{col 70}{space 3} 21.00817
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 4.764388{col 29}{space 2} 8.643438{col 40}{space 1}    0.55{col 49}{space 3}0.582{col 57}{space 4}-12.25787{col 70}{space 3} 21.78664
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}  2.57306{col 29}{space 2} 7.920997{col 40}{space 1}    0.32{col 49}{space 3}0.746{col 57}{space 4}-13.02643{col 70}{space 3} 18.17255
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 4.262485{col 29}{space 2} 10.04262{col 40}{space 1}    0.42{col 49}{space 3}0.672{col 57}{space 4} -15.5153{col 70}{space 3} 24.04027
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 4.536661{col 29}{space 2} 8.248398{col 40}{space 1}    0.55{col 49}{space 3}0.583{col 57}{space 4}-11.70761{col 70}{space 3} 20.78093
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 1.320482{col 29}{space 2} 8.771468{col 40}{space 1}    0.15{col 49}{space 3}0.880{col 57}{space 4}-15.95391{col 70}{space 3} 18.59488
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 3.581482{col 29}{space 2} 8.686633{col 40}{space 1}    0.41{col 49}{space 3}0.680{col 57}{space 4}-13.52584{col 70}{space 3} 20.68881
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 2.788756{col 29}{space 2} 8.519671{col 40}{space 1}    0.33{col 49}{space 3}0.744{col 57}{space 4}-13.98975{col 70}{space 3} 19.56727
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 6.192847{col 29}{space 2}  8.67213{col 40}{space 1}    0.71{col 49}{space 3}0.476{col 57}{space 4}-10.88591{col 70}{space 3} 23.27161
{txt}{space 10}2009  {c |}{col 17}{res}{space 2} 5.085547{col 29}{space 2}   9.2358{col 40}{space 1}    0.55{col 49}{space 3}0.582{col 57}{space 4} -13.1033{col 70}{space 3} 23.27439
{txt}{space 10}2010  {c |}{col 17}{res}{space 2}-1.618293{col 29}{space 2} 8.541943{col 40}{space 1}   -0.19{col 49}{space 3}0.850{col 57}{space 4}-18.44067{col 70}{space 3} 15.20408
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-1.647009{col 29}{space 2} 4.246479{col 40}{space 1}   -0.39{col 49}{space 3}0.698{col 57}{space 4}-10.00996{col 70}{space 3} 6.715942
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. reg d.klarnerranney l.klarnerranney l.real_pc_inc_ann d.real_pc_inc_ann i.state_fips i.year if allstates4311pcols!=. & newsouth==1

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       325
{txt}{hline 13}{c +}{hline 34}   F(71, 253)      = {res}     2.55
{txt}       Model {c |} {res} 7661.61551        71  107.910078   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 10726.1241       253  42.3957475   {txt}R-squared       ={res}    0.4167
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.2530
{txt}       Total {c |} {res} 18387.7396       324  56.7522828   {txt}Root MSE        =   {res} 6.5112

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1721381{col 29}{space 2} .0358051{col 40}{space 1}   -4.81{col 49}{space 3}0.000{col 57}{space 4} -.242652{col 70}{space 3}-.1016241
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0007055{col 29}{space 2} .0007761{col 40}{space 1}    0.91{col 49}{space 3}0.364{col 57}{space 4} -.000823{col 70}{space 3}  .002234
{txt}{space 12}D1. {c |}{col 17}{res}{space 2} .0001784{col 29}{space 2} .0027671{col 40}{space 1}    0.06{col 49}{space 3}0.949{col 57}{space 4}-.0052711{col 70}{space 3} .0056279
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2}-1.657761{col 29}{space 2} 1.552308{col 40}{space 1}   -1.07{col 49}{space 3}0.287{col 57}{space 4}-4.714853{col 70}{space 3} 1.399331
{txt}{space 12}37  {c |}{col 17}{res}{space 2}-.1447076{col 29}{space 2} 1.601902{col 40}{space 1}   -0.09{col 49}{space 3}0.928{col 57}{space 4} -3.29947{col 70}{space 3} 3.010055
{txt}{space 12}48  {c |}{col 17}{res}{space 2} -1.52295{col 29}{space 2} 1.279896{col 40}{space 1}   -1.19{col 49}{space 3}0.235{col 57}{space 4}-4.043558{col 70}{space 3} .9976588
{txt}{space 12}51  {c |}{col 17}{res}{space 2}-.2860316{col 29}{space 2} 1.206362{col 40}{space 1}   -0.24{col 49}{space 3}0.813{col 57}{space 4}-2.661823{col 70}{space 3}  2.08976
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1947  {c |}{col 17}{res}{space 2}-.5436525{col 29}{space 2} 4.136389{col 40}{space 1}   -0.13{col 49}{space 3}0.896{col 57}{space 4}-8.689795{col 70}{space 3}  7.60249
{txt}{space 10}1948  {c |}{col 17}{res}{space 2}-.2457006{col 29}{space 2} 4.328551{col 40}{space 1}   -0.06{col 49}{space 3}0.955{col 57}{space 4}-8.770283{col 70}{space 3} 8.278882
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-.1433449{col 29}{space 2} 4.344663{col 40}{space 1}   -0.03{col 49}{space 3}0.974{col 57}{space 4}-8.699658{col 70}{space 3} 8.412968
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}-.2106232{col 29}{space 2} 4.637331{col 40}{space 1}   -0.05{col 49}{space 3}0.964{col 57}{space 4}-9.343313{col 70}{space 3} 8.922066
{txt}{space 10}1951  {c |}{col 17}{res}{space 2}-.2933337{col 29}{space 2} 4.361979{col 40}{space 1}   -0.07{col 49}{space 3}0.946{col 57}{space 4}-8.883749{col 70}{space 3} 8.297082
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}  .144481{col 29}{space 2} 4.393082{col 40}{space 1}    0.03{col 49}{space 3}0.974{col 57}{space 4}-8.507188{col 70}{space 3}  8.79615
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 1.640464{col 29}{space 2}    4.369{col 40}{space 1}    0.38{col 49}{space 3}0.708{col 57}{space 4}-6.963778{col 70}{space 3} 10.24471
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} -.104271{col 29}{space 2} 4.273906{col 40}{space 1}   -0.02{col 49}{space 3}0.981{col 57}{space 4}-8.521236{col 70}{space 3} 8.312694
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}-.8394417{col 29}{space 2} 4.620572{col 40}{space 1}   -0.18{col 49}{space 3}0.856{col 57}{space 4}-9.939125{col 70}{space 3} 8.260242
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-.5240181{col 29}{space 2} 4.484009{col 40}{space 1}   -0.12{col 49}{space 3}0.907{col 57}{space 4}-9.354757{col 70}{space 3} 8.306721
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} .6707138{col 29}{space 2} 4.237431{col 40}{space 1}    0.16{col 49}{space 3}0.874{col 57}{space 4}-7.674418{col 70}{space 3} 9.015846
{txt}{space 10}1958  {c |}{col 17}{res}{space 2}-.3582289{col 29}{space 2} 4.288094{col 40}{space 1}   -0.08{col 49}{space 3}0.933{col 57}{space 4}-8.803136{col 70}{space 3} 8.086678
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-3.138232{col 29}{space 2} 4.511372{col 40}{space 1}   -0.70{col 49}{space 3}0.487{col 57}{space 4}-12.02286{col 70}{space 3} 5.746395
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-1.205073{col 29}{space 2} 4.328292{col 40}{space 1}   -0.28{col 49}{space 3}0.781{col 57}{space 4}-9.729144{col 70}{space 3} 7.318999
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} 1.812566{col 29}{space 2} 4.403213{col 40}{space 1}    0.41{col 49}{space 3}0.681{col 57}{space 4}-6.859055{col 70}{space 3} 10.48419
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}-1.004169{col 29}{space 2} 4.531302{col 40}{space 1}   -0.22{col 49}{space 3}0.825{col 57}{space 4}-9.928047{col 70}{space 3} 7.919709
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 2.430342{col 29}{space 2}  4.55932{col 40}{space 1}    0.53{col 49}{space 3}0.594{col 57}{space 4}-6.548714{col 70}{space 3}  11.4094
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 2.006258{col 29}{space 2} 4.790689{col 40}{space 1}    0.42{col 49}{space 3}0.676{col 57}{space 4}-7.428453{col 70}{space 3} 11.44097
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}-.1284431{col 29}{space 2} 4.864759{col 40}{space 1}   -0.03{col 49}{space 3}0.979{col 57}{space 4}-9.709025{col 70}{space 3} 9.452139
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} 1.704693{col 29}{space 2} 4.977732{col 40}{space 1}    0.34{col 49}{space 3}0.732{col 57}{space 4}-8.098377{col 70}{space 3} 11.50776
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 15.72657{col 29}{space 2}  5.11869{col 40}{space 1}    3.07{col 49}{space 3}0.002{col 57}{space 4} 5.645901{col 70}{space 3} 25.80724
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 5.305148{col 29}{space 2}  5.37428{col 40}{space 1}    0.99{col 49}{space 3}0.325{col 57}{space 4}-5.278877{col 70}{space 3} 15.88917
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 3.314892{col 29}{space 2} 5.539125{col 40}{space 1}    0.60{col 49}{space 3}0.550{col 57}{space 4}-7.593777{col 70}{space 3} 14.22356
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 4.981307{col 29}{space 2} 5.435233{col 40}{space 1}    0.92{col 49}{space 3}0.360{col 57}{space 4}-5.722759{col 70}{space 3} 15.68537
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}  -1.8569{col 29}{space 2} 5.615708{col 40}{space 1}   -0.33{col 49}{space 3}0.741{col 57}{space 4}-12.91639{col 70}{space 3}  9.20259
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 1.598813{col 29}{space 2} 6.117932{col 40}{space 1}    0.26{col 49}{space 3}0.794{col 57}{space 4}-10.44975{col 70}{space 3} 13.64737
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 12.05091{col 29}{space 2} 6.246426{col 40}{space 1}    1.93{col 49}{space 3}0.055{col 57}{space 4} -.250708{col 70}{space 3} 24.35253
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 3.476494{col 29}{space 2} 6.011647{col 40}{space 1}    0.58{col 49}{space 3}0.564{col 57}{space 4}-8.362752{col 70}{space 3} 15.31574
{txt}{space 10}1975  {c |}{col 17}{res}{space 2}-11.92165{col 29}{space 2} 5.937727{col 40}{space 1}   -2.01{col 49}{space 3}0.046{col 57}{space 4}-23.61532{col 70}{space 3}-.2279847
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-1.698954{col 29}{space 2} 6.188563{col 40}{space 1}   -0.27{col 49}{space 3}0.784{col 57}{space 4}-13.88662{col 70}{space 3} 10.48871
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} -1.76587{col 29}{space 2} 6.258211{col 40}{space 1}   -0.28{col 49}{space 3}0.778{col 57}{space 4} -14.0907{col 70}{space 3} 10.55896
{txt}{space 10}1978  {c |}{col 17}{res}{space 2} .0627113{col 29}{space 2} 6.596035{col 40}{space 1}    0.01{col 49}{space 3}0.992{col 57}{space 4}-12.92742{col 70}{space 3} 13.05284
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}  2.91139{col 29}{space 2} 6.436212{col 40}{space 1}    0.45{col 49}{space 3}0.651{col 57}{space 4}-9.763989{col 70}{space 3} 15.58677
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 2.896283{col 29}{space 2} 6.364376{col 40}{space 1}    0.46{col 49}{space 3}0.649{col 57}{space 4}-9.637622{col 70}{space 3} 15.43019
{txt}{space 10}1981  {c |}{col 17}{res}{space 2}  9.53633{col 29}{space 2} 6.515828{col 40}{space 1}    1.46{col 49}{space 3}0.145{col 57}{space 4}-3.295842{col 70}{space 3}  22.3685
{txt}{space 10}1982  {c |}{col 17}{res}{space 2} 3.888605{col 29}{space 2} 6.556594{col 40}{space 1}    0.59{col 49}{space 3}0.554{col 57}{space 4}-9.023851{col 70}{space 3} 16.80106
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-4.868262{col 29}{space 2}  6.91613{col 40}{space 1}   -0.70{col 49}{space 3}0.482{col 57}{space 4}-18.48878{col 70}{space 3}  8.75226
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} .8263825{col 29}{space 2} 7.375514{col 40}{space 1}    0.11{col 49}{space 3}0.911{col 57}{space 4}-13.69884{col 70}{space 3} 15.35161
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 10.86053{col 29}{space 2} 7.449638{col 40}{space 1}    1.46{col 49}{space 3}0.146{col 57}{space 4}-3.810679{col 70}{space 3} 25.53173
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} 2.304337{col 29}{space 2} 7.743025{col 40}{space 1}    0.30{col 49}{space 3}0.766{col 57}{space 4}-12.94466{col 70}{space 3} 17.55333
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 5.194631{col 29}{space 2} 7.811315{col 40}{space 1}    0.67{col 49}{space 3}0.507{col 57}{space 4}-10.18885{col 70}{space 3} 20.57812
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} 2.576358{col 29}{space 2} 8.097791{col 40}{space 1}    0.32{col 49}{space 3}0.751{col 57}{space 4}-13.37131{col 70}{space 3} 18.52402
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 9.332169{col 29}{space 2} 8.242413{col 40}{space 1}    1.13{col 49}{space 3}0.259{col 57}{space 4}-6.900315{col 70}{space 3} 25.56465
{txt}{space 10}1990  {c |}{col 17}{res}{space 2} 4.099912{col 29}{space 2} 8.248577{col 40}{space 1}    0.50{col 49}{space 3}0.620{col 57}{space 4}-12.14471{col 70}{space 3} 20.34453
{txt}{space 10}1991  {c |}{col 17}{res}{space 2} 2.310696{col 29}{space 2} 8.154252{col 40}{space 1}    0.28{col 49}{space 3}0.777{col 57}{space 4}-13.74816{col 70}{space 3} 18.36956
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 8.576008{col 29}{space 2} 8.297187{col 40}{space 1}    1.03{col 49}{space 3}0.302{col 57}{space 4}-7.764346{col 70}{space 3} 24.91636
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 10.68367{col 29}{space 2} 8.394214{col 40}{space 1}    1.27{col 49}{space 3}0.204{col 57}{space 4} -5.84777{col 70}{space 3}  27.2151
{txt}{space 10}1994  {c |}{col 17}{res}{space 2} 6.923357{col 29}{space 2} 8.612999{col 40}{space 1}    0.80{col 49}{space 3}0.422{col 57}{space 4}-10.03895{col 70}{space 3} 23.88567
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 18.89468{col 29}{space 2} 8.788441{col 40}{space 1}    2.15{col 49}{space 3}0.033{col 57}{space 4} 1.586855{col 70}{space 3}  36.2025
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 8.139095{col 29}{space 2} 9.131339{col 40}{space 1}    0.89{col 49}{space 3}0.374{col 57}{space 4}-9.844025{col 70}{space 3} 26.12222
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 8.988247{col 29}{space 2} 9.404664{col 40}{space 1}    0.96{col 49}{space 3}0.340{col 57}{space 4}-9.533154{col 70}{space 3} 27.50965
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 7.253169{col 29}{space 2} 9.917438{col 40}{space 1}    0.73{col 49}{space 3}0.465{col 57}{space 4}-12.27808{col 70}{space 3} 26.78442
{txt}{space 10}1999  {c |}{col 17}{res}{space 2}   .96139{col 29}{space 2} 10.03182{col 40}{space 1}    0.10{col 49}{space 3}0.924{col 57}{space 4}-18.79512{col 70}{space 3}  20.7179
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 5.325181{col 29}{space 2} 10.35259{col 40}{space 1}    0.51{col 49}{space 3}0.607{col 57}{space 4}-15.06306{col 70}{space 3} 25.71342
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 4.764388{col 29}{space 2} 10.35008{col 40}{space 1}    0.46{col 49}{space 3}0.646{col 57}{space 4} -15.6189{col 70}{space 3} 25.14768
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}  2.57306{col 29}{space 2} 10.29088{col 40}{space 1}    0.25{col 49}{space 3}0.803{col 57}{space 4}-17.69364{col 70}{space 3} 22.83975
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 4.262485{col 29}{space 2} 10.25261{col 40}{space 1}    0.42{col 49}{space 3}0.678{col 57}{space 4}-15.92884{col 70}{space 3} 24.45381
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 4.536661{col 29}{space 2} 10.52452{col 40}{space 1}    0.43{col 49}{space 3}0.667{col 57}{space 4}-16.19017{col 70}{space 3} 25.26349
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 1.320482{col 29}{space 2} 10.77242{col 40}{space 1}    0.12{col 49}{space 3}0.903{col 57}{space 4}-19.89456{col 70}{space 3} 22.53553
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 3.581482{col 29}{space 2} 11.02186{col 40}{space 1}    0.32{col 49}{space 3}0.745{col 57}{space 4}-18.12479{col 70}{space 3} 25.28776
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 2.788756{col 29}{space 2}  11.1941{col 40}{space 1}    0.25{col 49}{space 3}0.803{col 57}{space 4}-19.25673{col 70}{space 3} 24.83424
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 6.192847{col 29}{space 2}  11.1816{col 40}{space 1}    0.55{col 49}{space 3}0.580{col 57}{space 4}-15.82802{col 70}{space 3} 28.21371
{txt}{space 10}2009  {c |}{col 17}{res}{space 2} 5.085547{col 29}{space 2} 11.04362{col 40}{space 1}    0.46{col 49}{space 3}0.646{col 57}{space 4}-16.66358{col 70}{space 3} 26.83468
{txt}{space 10}2010  {c |}{col 17}{res}{space 2}-1.618293{col 29}{space 2} 10.63665{col 40}{space 1}   -0.15{col 49}{space 3}0.879{col 57}{space 4}-22.56595{col 70}{space 3} 19.32936
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-1.647009{col 29}{space 2} 5.571138{col 40}{space 1}   -0.30{col 49}{space 3}0.768{col 57}{space 4}-12.61872{col 70}{space 3} 9.324705
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. 
. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       325{col 27}-1116.942{col 38}-1029.355{col 49}    72{col 58} 2202.709{col 69} 2475.144
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. 
. 
. qui newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney i.state_fips i.year if newsouth==1, lag(8) force
{txt}
{com}. 
. *** 1.F.a: TEST OF REAL_PC_INC_ANN*
. test  l.d.real_pc_inc_ann =  l2.d.real_pc_inc_ann =  l.d.klarnerranney =  l3.d.real_pc_inc_ann =  l2.d.klarnerranney = 0

{p 0 7}{space 1}{text:( 1)}{space 1} {res}LD.real_pc_inc_ann - L2D.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 2)}{space 1} LD.real_pc_inc_ann - LD.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 3)}{space 1} LD.real_pc_inc_ann - L3D.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 4)}{space 1} LD.real_pc_inc_ann - L2D.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 5)}{space 1} LD.real_pc_inc_ann = 0{p_end}

{txt}       F(  5,   248) ={res}    5.34
{txt}{col 13}Prob > F ={res}    0.0001
{txt}
{com}. 
. qui newey d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann i.state_fips i.year if newsouth==1, lag(8) force
{txt}
{com}. 
. *** 1.F.b: TEST OF klarnerranney*
. test  l.d.klarnerranney =  l2.d.klarnerranney =  l.d.real_pc_inc_ann =  l3.d.klarnerranney =  l2.d.real_pc_inc_ann = 0

{p 0 7}{space 1}{text:( 1)}{space 1} {res}LD.klarnerranney - L2D.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 2)}{space 1} LD.klarnerranney - LD.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 3)}{space 1} LD.klarnerranney - L3D.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 4)}{space 1} LD.klarnerranney - L2D.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 5)}{space 1} LD.klarnerranney = 0{p_end}

{txt}       F(  5,   248) ={res}    1.86
{txt}{col 13}Prob > F ={res}    0.1021
{txt}
{com}. 
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. 
. 
. 
. *** 2.A: NEW SOUTHERN STATES (N = 5): 1942-1980 *** (5,4)
. 
. //if year <=1980
. 
. newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney  l4.d.real_pc_inc_ann l3.d.klarnerranney  i.state_fips i.year if year <=1980 &  newsouth==1, lag(6) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       170
{txt}maximum lag: {res}6{col 49}{txt}F( 47,       122){col 67}= {res}    105.11
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}{col 29}  Newey-West
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.2133325{col 29}{space 2} .0794801{col 40}{space 1}   -2.68{col 49}{space 3}0.008{col 57}{space 4}-.3706712{col 70}{space 3}-.0559937
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}  3.91458{col 29}{space 2} 1.602811{col 40}{space 1}    2.44{col 49}{space 3}0.016{col 57}{space 4} .7416556{col 70}{space 3} 7.087504
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .1076605{col 29}{space 2} .1511844{col 40}{space 1}    0.71{col 49}{space 3}0.478{col 57}{space 4}-.1916241{col 70}{space 3} .4069451
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} 2.759532{col 29}{space 2} 1.100104{col 40}{space 1}    2.51{col 49}{space 3}0.013{col 57}{space 4} .5817652{col 70}{space 3} 4.937298
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}  .165247{col 29}{space 2} .0820263{col 40}{space 1}    2.01{col 49}{space 3}0.046{col 57}{space 4} .0028678{col 70}{space 3} .3276262
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-.9231355{col 29}{space 2} 1.492897{col 40}{space 1}   -0.62{col 49}{space 3}0.537{col 57}{space 4}-3.878474{col 70}{space 3} 2.032203
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0860398{col 29}{space 2} .0722678{col 40}{space 1}    1.19{col 49}{space 3}0.236{col 57}{space 4}-.0570214{col 70}{space 3} .2291011
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} 1.427007{col 29}{space 2} 1.219413{col 40}{space 1}    1.17{col 49}{space 3}0.244{col 57}{space 4}-.9869428{col 70}{space 3} 3.840958
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L4D. {c |}{col 17}{res}{space 2} .0750819{col 29}{space 2} .0779401{col 40}{space 1}    0.96{col 49}{space 3}0.337{col 57}{space 4}-.0792083{col 70}{space 3} .2293721
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} 1.054349{col 29}{space 2} 1.078875{col 40}{space 1}    0.98{col 49}{space 3}0.330{col 57}{space 4}-1.081392{col 70}{space 3} 3.190091
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2}-182.8334{col 29}{space 2} 81.94608{col 40}{space 1}   -2.23{col 49}{space 3}0.027{col 57}{space 4}-345.0538{col 70}{space 3}-20.61292
{txt}{space 12}37  {c |}{col 17}{res}{space 2}-268.5038{col 29}{space 2} 103.6502{col 40}{space 1}   -2.59{col 49}{space 3}0.011{col 57}{space 4}-473.6897{col 70}{space 3}-63.31795
{txt}{space 12}48  {c |}{col 17}{res}{space 2} 53.45923{col 29}{space 2} 40.47021{col 40}{space 1}    1.32{col 49}{space 3}0.189{col 57}{space 4}-26.65559{col 70}{space 3}  133.574
{txt}{space 12}51  {c |}{col 17}{res}{space 2} 4.669032{col 29}{space 2} 38.22828{col 40}{space 1}    0.12{col 49}{space 3}0.903{col 57}{space 4}-71.00766{col 70}{space 3} 80.34572
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2} 553.5211{col 29}{space 2} 111.1962{col 40}{space 1}    4.98{col 49}{space 3}0.000{col 57}{space 4} 333.3971{col 70}{space 3} 773.6452
{txt}{space 10}1949  {c |}{col 17}{res}{space 2} 616.6469{col 29}{space 2} 144.5966{col 40}{space 1}    4.26{col 49}{space 3}0.000{col 57}{space 4} 330.4035{col 70}{space 3} 902.8904
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}  887.263{col 29}{space 2}  148.771{col 40}{space 1}    5.96{col 49}{space 3}0.000{col 57}{space 4} 592.7561{col 70}{space 3}  1181.77
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} 650.0911{col 29}{space 2} 158.8215{col 40}{space 1}    4.09{col 49}{space 3}0.000{col 57}{space 4} 335.6882{col 70}{space 3} 964.4941
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} 648.2179{col 29}{space 2}  116.128{col 40}{space 1}    5.58{col 49}{space 3}0.000{col 57}{space 4} 418.3309{col 70}{space 3} 878.1048
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 660.2028{col 29}{space 2} 122.8327{col 40}{space 1}    5.37{col 49}{space 3}0.000{col 57}{space 4} 417.0432{col 70}{space 3} 903.3624
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} 565.2108{col 29}{space 2} 107.8971{col 40}{space 1}    5.24{col 49}{space 3}0.000{col 57}{space 4} 351.6178{col 70}{space 3} 778.8038
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} 941.3487{col 29}{space 2} 114.0728{col 40}{space 1}    8.25{col 49}{space 3}0.000{col 57}{space 4} 715.5302{col 70}{space 3} 1167.167
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} 869.6972{col 29}{space 2} 136.0736{col 40}{space 1}    6.39{col 49}{space 3}0.000{col 57}{space 4} 600.3258{col 70}{space 3} 1139.069
{txt}{space 10}1957  {c |}{col 17}{res}{space 2}  568.269{col 29}{space 2} 138.4646{col 40}{space 1}    4.10{col 49}{space 3}0.000{col 57}{space 4} 294.1644{col 70}{space 3} 842.3736
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} 673.8709{col 29}{space 2} 135.0278{col 40}{space 1}    4.99{col 49}{space 3}0.000{col 57}{space 4} 406.5698{col 70}{space 3} 941.1719
{txt}{space 10}1959  {c |}{col 17}{res}{space 2} 949.9016{col 29}{space 2} 113.0616{col 40}{space 1}    8.40{col 49}{space 3}0.000{col 57}{space 4} 726.0848{col 70}{space 3} 1173.718
{txt}{space 10}1960  {c |}{col 17}{res}{space 2} 777.7352{col 29}{space 2} 132.7467{col 40}{space 1}    5.86{col 49}{space 3}0.000{col 57}{space 4} 514.9498{col 70}{space 3} 1040.521
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} 869.2533{col 29}{space 2} 146.2853{col 40}{space 1}    5.94{col 49}{space 3}0.000{col 57}{space 4} 579.6669{col 70}{space 3}  1158.84
{txt}{space 10}1962  {c |}{col 17}{res}{space 2} 1005.472{col 29}{space 2} 140.4253{col 40}{space 1}    7.16{col 49}{space 3}0.000{col 57}{space 4} 727.4866{col 70}{space 3} 1283.458
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 1002.741{col 29}{space 2} 146.9776{col 40}{space 1}    6.82{col 49}{space 3}0.000{col 57}{space 4} 711.7846{col 70}{space 3} 1293.698
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 1194.186{col 29}{space 2} 164.4995{col 40}{space 1}    7.26{col 49}{space 3}0.000{col 57}{space 4} 868.5426{col 70}{space 3} 1519.829
{txt}{space 10}1965  {c |}{col 17}{res}{space 2} 1226.624{col 29}{space 2}    178.6{col 40}{space 1}    6.87{col 49}{space 3}0.000{col 57}{space 4} 873.0674{col 70}{space 3}  1580.18
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} 1275.065{col 29}{space 2} 200.0416{col 40}{space 1}    6.37{col 49}{space 3}0.000{col 57}{space 4} 879.0628{col 70}{space 3} 1671.068
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 1319.886{col 29}{space 2} 216.1979{col 40}{space 1}    6.10{col 49}{space 3}0.000{col 57}{space 4}  891.901{col 70}{space 3} 1747.872
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 1410.971{col 29}{space 2}  235.152{col 40}{space 1}    6.00{col 49}{space 3}0.000{col 57}{space 4} 945.4641{col 70}{space 3} 1876.478
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 1443.988{col 29}{space 2} 267.2384{col 40}{space 1}    5.40{col 49}{space 3}0.000{col 57}{space 4} 914.9628{col 70}{space 3} 1973.013
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 1257.162{col 29}{space 2} 288.3375{col 40}{space 1}    4.36{col 49}{space 3}0.000{col 57}{space 4} 686.3691{col 70}{space 3} 1827.955
{txt}{space 10}1971  {c |}{col 17}{res}{space 2} 1439.189{col 29}{space 2} 303.1461{col 40}{space 1}    4.75{col 49}{space 3}0.000{col 57}{space 4} 839.0807{col 70}{space 3} 2039.297
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 1876.564{col 29}{space 2} 322.1575{col 40}{space 1}    5.82{col 49}{space 3}0.000{col 57}{space 4} 1238.821{col 70}{space 3} 2514.307
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 1844.012{col 29}{space 2} 362.2604{col 40}{space 1}    5.09{col 49}{space 3}0.000{col 57}{space 4} 1126.882{col 70}{space 3} 2561.143
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 1229.555{col 29}{space 2} 394.6127{col 40}{space 1}    3.12{col 49}{space 3}0.002{col 57}{space 4} 448.3792{col 70}{space 3}  2010.73
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} 1298.538{col 29}{space 2} 419.7684{col 40}{space 1}    3.09{col 49}{space 3}0.002{col 57}{space 4} 467.5644{col 70}{space 3} 2129.511
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} 1910.176{col 29}{space 2} 377.2548{col 40}{space 1}    5.06{col 49}{space 3}0.000{col 57}{space 4} 1163.363{col 70}{space 3}  2656.99
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} 1931.462{col 29}{space 2} 407.1005{col 40}{space 1}    4.74{col 49}{space 3}0.000{col 57}{space 4} 1125.566{col 70}{space 3} 2737.358
{txt}{space 10}1978  {c |}{col 17}{res}{space 2} 2150.115{col 29}{space 2}   471.26{col 40}{space 1}    4.56{col 49}{space 3}0.000{col 57}{space 4} 1217.208{col 70}{space 3} 3083.021
{txt}{space 10}1979  {c |}{col 17}{res}{space 2} 1692.468{col 29}{space 2}  482.799{col 40}{space 1}    3.51{col 49}{space 3}0.001{col 57}{space 4} 736.7195{col 70}{space 3} 2648.217
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 1509.028{col 29}{space 2} 493.2688{col 40}{space 1}    3.06{col 49}{space 3}0.003{col 57}{space 4} 532.5533{col 70}{space 3} 2485.503
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}  580.801{col 29}{space 2} 450.0228{col 40}{space 1}    1.29{col 49}{space 3}0.199{col 57}{space 4}-310.0641{col 70}{space 3} 1471.666
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. newey d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann  l4.d.klarnerranney l3.d.real_pc_inc_ann  i.state_fips i.year if year <=1980 &  newsouth==1, lag(6) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       170
{txt}maximum lag: {res}6{col 49}{txt}F( 47,       122){col 67}= {res}      7.27
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}  Newey-West
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.2425441{col 29}{space 2}  .072822{col 40}{space 1}   -3.33{col 49}{space 3}0.001{col 57}{space 4}-.3867025{col 70}{space 3}-.0983857
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0040187{col 29}{space 2} .0025614{col 40}{space 1}    1.57{col 49}{space 3}0.119{col 57}{space 4}-.0010518{col 70}{space 3} .0090893
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-.0160903{col 29}{space 2} .0672644{col 40}{space 1}   -0.24{col 49}{space 3}0.811{col 57}{space 4} -.149247{col 70}{space 3} .1170664
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} .0107606{col 29}{space 2} .0060627{col 40}{space 1}    1.77{col 49}{space 3}0.078{col 57}{space 4}-.0012411{col 70}{space 3} .0227623
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.2605798{col 29}{space 2} .1056107{col 40}{space 1}   -2.47{col 49}{space 3}0.015{col 57}{space 4}-.4696468{col 70}{space 3}-.0515129
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0037004{col 29}{space 2} .0039701{col 40}{space 1}    0.93{col 49}{space 3}0.353{col 57}{space 4}-.0041587{col 70}{space 3} .0115596
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}-.0630709{col 29}{space 2} .0799276{col 40}{space 1}   -0.79{col 49}{space 3}0.432{col 57}{space 4}-.2212956{col 70}{space 3} .0951539
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0004543{col 29}{space 2} .0034978{col 40}{space 1}   -0.13{col 49}{space 3}0.897{col 57}{space 4}-.0073784{col 70}{space 3} .0064699
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L4D. {c |}{col 17}{res}{space 2}-.0694176{col 29}{space 2} .0699089{col 40}{space 1}   -0.99{col 49}{space 3}0.323{col 57}{space 4}-.2078092{col 70}{space 3} .0689741
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0053389{col 29}{space 2} .0037223{col 40}{space 1}    1.43{col 49}{space 3}0.154{col 57}{space 4}-.0020297{col 70}{space 3} .0127076
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2}-.8541911{col 29}{space 2} 3.859184{col 40}{space 1}   -0.22{col 49}{space 3}0.825{col 57}{space 4}-8.493831{col 70}{space 3} 6.785449
{txt}{space 12}37  {c |}{col 17}{res}{space 2}  1.57466{col 29}{space 2} 3.847608{col 40}{space 1}    0.41{col 49}{space 3}0.683{col 57}{space 4}-6.042065{col 70}{space 3} 9.191385
{txt}{space 12}48  {c |}{col 17}{res}{space 2}-5.727737{col 29}{space 2} 2.909645{col 40}{space 1}   -1.97{col 49}{space 3}0.051{col 57}{space 4}-11.48767{col 70}{space 3} .0321965
{txt}{space 12}51  {c |}{col 17}{res}{space 2}-2.238223{col 29}{space 2} 2.304463{col 40}{space 1}   -0.97{col 49}{space 3}0.333{col 57}{space 4}-6.800138{col 70}{space 3} 2.323693
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2}-2.196199{col 29}{space 2} 3.673939{col 40}{space 1}   -0.60{col 49}{space 3}0.551{col 57}{space 4}-9.469128{col 70}{space 3} 5.076729
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-1.924466{col 29}{space 2} 5.140954{col 40}{space 1}   -0.37{col 49}{space 3}0.709{col 57}{space 4} -12.1015{col 70}{space 3} 8.252567
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}-4.835942{col 29}{space 2} 6.260072{col 40}{space 1}   -0.77{col 49}{space 3}0.441{col 57}{space 4}-17.22838{col 70}{space 3} 7.556495
{txt}{space 10}1951  {c |}{col 17}{res}{space 2}-7.401908{col 29}{space 2} 5.774051{col 40}{space 1}   -1.28{col 49}{space 3}0.202{col 57}{space 4}-18.83222{col 70}{space 3} 4.028403
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} -6.83842{col 29}{space 2} 5.267038{col 40}{space 1}   -1.30{col 49}{space 3}0.197{col 57}{space 4}-17.26505{col 70}{space 3} 3.588208
{txt}{space 10}1953  {c |}{col 17}{res}{space 2}-7.335212{col 29}{space 2} 5.247825{col 40}{space 1}   -1.40{col 49}{space 3}0.165{col 57}{space 4} -17.7238{col 70}{space 3} 3.053381
{txt}{space 10}1954  {c |}{col 17}{res}{space 2}-6.583813{col 29}{space 2} 4.603803{col 40}{space 1}   -1.43{col 49}{space 3}0.155{col 57}{space 4} -15.6975{col 70}{space 3} 2.529875
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}-10.38851{col 29}{space 2} 6.052152{col 40}{space 1}   -1.72{col 49}{space 3}0.089{col 57}{space 4}-22.36935{col 70}{space 3} 1.592325
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-11.52384{col 29}{space 2} 6.701725{col 40}{space 1}   -1.72{col 49}{space 3}0.088{col 57}{space 4}-24.79057{col 70}{space 3} 1.742897
{txt}{space 10}1957  {c |}{col 17}{res}{space 2}-6.623468{col 29}{space 2} 5.575113{col 40}{space 1}   -1.19{col 49}{space 3}0.237{col 57}{space 4}-17.65996{col 70}{space 3} 4.413025
{txt}{space 10}1958  {c |}{col 17}{res}{space 2}-8.914853{col 29}{space 2} 4.551756{col 40}{space 1}   -1.96{col 49}{space 3}0.052{col 57}{space 4}-17.92551{col 70}{space 3} .0958022
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-13.73259{col 29}{space 2} 6.610222{col 40}{space 1}   -2.08{col 49}{space 3}0.040{col 57}{space 4}-26.81819{col 70}{space 3}-.6469986
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-9.855844{col 29}{space 2} 6.321817{col 40}{space 1}   -1.56{col 49}{space 3}0.122{col 57}{space 4}-22.37051{col 70}{space 3} 2.658823
{txt}{space 10}1961  {c |}{col 17}{res}{space 2}-8.056197{col 29}{space 2}  6.33167{col 40}{space 1}   -1.27{col 49}{space 3}0.206{col 57}{space 4}-20.59037{col 70}{space 3} 4.477975
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}-13.50851{col 29}{space 2} 6.977922{col 40}{space 1}   -1.94{col 49}{space 3}0.055{col 57}{space 4}  -27.322{col 70}{space 3} .3049874
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} -9.24882{col 29}{space 2} 7.532285{col 40}{space 1}   -1.23{col 49}{space 3}0.222{col 57}{space 4}-24.15973{col 70}{space 3}  5.66209
{txt}{space 10}1964  {c |}{col 17}{res}{space 2}-12.65491{col 29}{space 2} 8.398183{col 40}{space 1}   -1.51{col 49}{space 3}0.134{col 57}{space 4}-29.27995{col 70}{space 3} 3.970129
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}-16.01794{col 29}{space 2} 9.294097{col 40}{space 1}   -1.72{col 49}{space 3}0.087{col 57}{space 4}-34.41653{col 70}{space 3} 2.380655
{txt}{space 10}1966  {c |}{col 17}{res}{space 2}-15.65093{col 29}{space 2}  9.51852{col 40}{space 1}   -1.64{col 49}{space 3}0.103{col 57}{space 4}-34.49379{col 70}{space 3} 3.191934
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} -4.20493{col 29}{space 2} 15.71077{col 40}{space 1}   -0.27{col 49}{space 3}0.789{col 57}{space 4}-35.30596{col 70}{space 3}  26.8961
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} -14.6522{col 29}{space 2} 10.87495{col 40}{space 1}   -1.35{col 49}{space 3}0.180{col 57}{space 4}-36.18024{col 70}{space 3} 6.875849
{txt}{space 10}1969  {c |}{col 17}{res}{space 2}-14.55203{col 29}{space 2} 11.76634{col 40}{space 1}   -1.24{col 49}{space 3}0.219{col 57}{space 4}-37.84467{col 70}{space 3} 8.740612
{txt}{space 10}1970  {c |}{col 17}{res}{space 2}-13.85353{col 29}{space 2} 11.46743{col 40}{space 1}   -1.21{col 49}{space 3}0.229{col 57}{space 4}-36.55445{col 70}{space 3}  8.84739
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}-21.66437{col 29}{space 2} 11.36985{col 40}{space 1}   -1.91{col 49}{space 3}0.059{col 57}{space 4}-44.17212{col 70}{space 3} .8433793
{txt}{space 10}1972  {c |}{col 17}{res}{space 2}-24.20411{col 29}{space 2} 13.16673{col 40}{space 1}   -1.84{col 49}{space 3}0.068{col 57}{space 4}-50.26897{col 70}{space 3} 1.860754
{txt}{space 10}1973  {c |}{col 17}{res}{space 2}-16.25556{col 29}{space 2} 13.64661{col 40}{space 1}   -1.19{col 49}{space 3}0.236{col 57}{space 4}-43.27039{col 70}{space 3} 10.75927
{txt}{space 10}1974  {c |}{col 17}{res}{space 2}-17.39154{col 29}{space 2} 13.08395{col 40}{space 1}   -1.33{col 49}{space 3}0.186{col 57}{space 4}-43.29252{col 70}{space 3} 8.509444
{txt}{space 10}1975  {c |}{col 17}{res}{space 2}-29.54057{col 29}{space 2} 17.19755{col 40}{space 1}   -1.72{col 49}{space 3}0.088{col 57}{space 4}-63.58485{col 70}{space 3} 4.503696
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-27.37383{col 29}{space 2}  15.8967{col 40}{space 1}   -1.72{col 49}{space 3}0.088{col 57}{space 4}-58.84293{col 70}{space 3} 4.095274
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}-29.75634{col 29}{space 2} 18.09217{col 40}{space 1}   -1.64{col 49}{space 3}0.103{col 57}{space 4} -65.5716{col 70}{space 3} 6.058929
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}-28.87627{col 29}{space 2} 17.39195{col 40}{space 1}   -1.66{col 49}{space 3}0.099{col 57}{space 4}-63.30537{col 70}{space 3} 5.552821
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}-26.13722{col 29}{space 2} 15.83024{col 40}{space 1}   -1.65{col 49}{space 3}0.101{col 57}{space 4}-57.47475{col 70}{space 3}  5.20032
{txt}{space 10}1980  {c |}{col 17}{res}{space 2}-20.10441{col 29}{space 2} 15.73674{col 40}{space 1}   -1.28{col 49}{space 3}0.204{col 57}{space 4}-51.25685{col 70}{space 3} 11.04803
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} -12.9779{col 29}{space 2} 13.83432{col 40}{space 1}   -0.94{col 49}{space 3}0.350{col 57}{space 4}-40.36431{col 70}{space 3} 14.40851
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. //inc
. reg d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney  l4.d.real_pc_inc_ann l3.d.klarnerranney  i.state_fips i.year if year <=1980 &  newsouth==1

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       170
{txt}{hline 13}{c +}{hline 34}   F(47, 122)      = {res}    18.28
{txt}       Model {c |} {res} 9479915.34        47  201700.326   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 1346126.28       122   11033.822   {txt}R-squared       ={res}    0.8757
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.8278
{txt}       Total {c |} {res} 10826041.6       169  64059.4179   {txt}Root MSE        =   {res} 105.04

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.2133325{col 29}{space 2} .0553321{col 40}{space 1}   -3.86{col 49}{space 3}0.000{col 57}{space 4}-.3228678{col 70}{space 3}-.1037971
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}  3.91458{col 29}{space 2} 1.271943{col 40}{space 1}    3.08{col 49}{space 3}0.003{col 57}{space 4} 1.396642{col 70}{space 3} 6.432517
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .1076605{col 29}{space 2} .0862548{col 40}{space 1}    1.25{col 49}{space 3}0.214{col 57}{space 4}-.0630894{col 70}{space 3} .2784105
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} 2.759532{col 29}{space 2} 1.430842{col 40}{space 1}    1.93{col 49}{space 3}0.056{col 57}{space 4}-.0729628{col 70}{space 3} 5.592026
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}  .165247{col 29}{space 2} .0824572{col 40}{space 1}    2.00{col 49}{space 3}0.047{col 57}{space 4} .0020148{col 70}{space 3} .3284792
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-.9231355{col 29}{space 2} 1.631226{col 40}{space 1}   -0.57{col 49}{space 3}0.572{col 57}{space 4}-4.152309{col 70}{space 3} 2.306038
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0860398{col 29}{space 2} .0831451{col 40}{space 1}    1.03{col 49}{space 3}0.303{col 57}{space 4}-.0785542{col 70}{space 3} .2506338
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} 1.427007{col 29}{space 2} 1.506238{col 40}{space 1}    0.95{col 49}{space 3}0.345{col 57}{space 4}-1.554742{col 70}{space 3} 4.408757
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L4D. {c |}{col 17}{res}{space 2} .0750819{col 29}{space 2} .0737578{col 40}{space 1}    1.02{col 49}{space 3}0.311{col 57}{space 4}-.0709289{col 70}{space 3} .2210928
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} 1.054349{col 29}{space 2} 1.483396{col 40}{space 1}    0.71{col 49}{space 3}0.479{col 57}{space 4} -1.88218{col 70}{space 3} 3.990879
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2}-182.8334{col 29}{space 2} 62.40837{col 40}{space 1}   -2.93{col 49}{space 3}0.004{col 57}{space 4} -306.377{col 70}{space 3}-59.28977
{txt}{space 12}37  {c |}{col 17}{res}{space 2}-268.5038{col 29}{space 2} 76.26541{col 40}{space 1}   -3.52{col 49}{space 3}0.001{col 57}{space 4}-419.4788{col 70}{space 3}-117.5288
{txt}{space 12}48  {c |}{col 17}{res}{space 2} 53.45923{col 29}{space 2} 35.18313{col 40}{space 1}    1.52{col 49}{space 3}0.131{col 57}{space 4}-16.18929{col 70}{space 3} 123.1077
{txt}{space 12}51  {c |}{col 17}{res}{space 2} 4.669032{col 29}{space 2} 28.69074{col 40}{space 1}    0.16{col 49}{space 3}0.871{col 57}{space 4}-52.12716{col 70}{space 3} 61.46522
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2} 553.5211{col 29}{space 2} 83.08011{col 40}{space 1}    6.66{col 49}{space 3}0.000{col 57}{space 4} 389.0558{col 70}{space 3} 717.9865
{txt}{space 10}1949  {c |}{col 17}{res}{space 2} 616.6469{col 29}{space 2} 113.6482{col 40}{space 1}    5.43{col 49}{space 3}0.000{col 57}{space 4}  391.669{col 70}{space 3} 841.6248
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}  887.263{col 29}{space 2} 121.4053{col 40}{space 1}    7.31{col 49}{space 3}0.000{col 57}{space 4} 646.9291{col 70}{space 3} 1127.597
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} 650.0911{col 29}{space 2} 118.8942{col 40}{space 1}    5.47{col 49}{space 3}0.000{col 57}{space 4} 414.7283{col 70}{space 3}  885.454
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} 648.2179{col 29}{space 2} 93.36467{col 40}{space 1}    6.94{col 49}{space 3}0.000{col 57}{space 4} 463.3932{col 70}{space 3} 833.0425
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 660.2028{col 29}{space 2} 90.20148{col 40}{space 1}    7.32{col 49}{space 3}0.000{col 57}{space 4}   481.64{col 70}{space 3} 838.7656
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} 565.2108{col 29}{space 2} 87.50848{col 40}{space 1}    6.46{col 49}{space 3}0.000{col 57}{space 4}  391.979{col 70}{space 3} 738.4426
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} 941.3487{col 29}{space 2} 89.84977{col 40}{space 1}   10.48{col 49}{space 3}0.000{col 57}{space 4} 763.4821{col 70}{space 3} 1119.215
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} 869.6972{col 29}{space 2} 108.3771{col 40}{space 1}    8.02{col 49}{space 3}0.000{col 57}{space 4}  655.154{col 70}{space 3}  1084.24
{txt}{space 10}1957  {c |}{col 17}{res}{space 2}  568.269{col 29}{space 2}  112.357{col 40}{space 1}    5.06{col 49}{space 3}0.000{col 57}{space 4} 345.8471{col 70}{space 3} 790.6909
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} 673.8709{col 29}{space 2} 102.0776{col 40}{space 1}    6.60{col 49}{space 3}0.000{col 57}{space 4} 471.7981{col 70}{space 3} 875.9436
{txt}{space 10}1959  {c |}{col 17}{res}{space 2} 949.9016{col 29}{space 2} 98.27127{col 40}{space 1}    9.67{col 49}{space 3}0.000{col 57}{space 4} 755.3638{col 70}{space 3} 1144.439
{txt}{space 10}1960  {c |}{col 17}{res}{space 2} 777.7352{col 29}{space 2} 122.0544{col 40}{space 1}    6.37{col 49}{space 3}0.000{col 57}{space 4} 536.1163{col 70}{space 3} 1019.354
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} 869.2533{col 29}{space 2} 124.7935{col 40}{space 1}    6.97{col 49}{space 3}0.000{col 57}{space 4} 622.2121{col 70}{space 3} 1116.294
{txt}{space 10}1962  {c |}{col 17}{res}{space 2} 1005.472{col 29}{space 2} 122.3951{col 40}{space 1}    8.21{col 49}{space 3}0.000{col 57}{space 4}  763.179{col 70}{space 3} 1247.766
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 1002.741{col 29}{space 2} 128.2897{col 40}{space 1}    7.82{col 49}{space 3}0.000{col 57}{space 4}  748.779{col 70}{space 3} 1256.704
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 1194.186{col 29}{space 2} 139.3677{col 40}{space 1}    8.57{col 49}{space 3}0.000{col 57}{space 4} 918.2935{col 70}{space 3} 1470.078
{txt}{space 10}1965  {c |}{col 17}{res}{space 2} 1226.624{col 29}{space 2}  150.053{col 40}{space 1}    8.17{col 49}{space 3}0.000{col 57}{space 4} 929.5789{col 70}{space 3} 1523.669
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} 1275.065{col 29}{space 2}  159.945{col 40}{space 1}    7.97{col 49}{space 3}0.000{col 57}{space 4} 958.4381{col 70}{space 3} 1591.692
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 1319.886{col 29}{space 2} 173.4365{col 40}{space 1}    7.61{col 49}{space 3}0.000{col 57}{space 4} 976.5514{col 70}{space 3} 1663.221
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 1410.971{col 29}{space 2} 185.8868{col 40}{space 1}    7.59{col 49}{space 3}0.000{col 57}{space 4}  1042.99{col 70}{space 3} 1778.952
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 1443.988{col 29}{space 2} 203.6303{col 40}{space 1}    7.09{col 49}{space 3}0.000{col 57}{space 4} 1040.881{col 70}{space 3} 1847.094
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 1257.162{col 29}{space 2} 220.4337{col 40}{space 1}    5.70{col 49}{space 3}0.000{col 57}{space 4} 820.7916{col 70}{space 3} 1693.533
{txt}{space 10}1971  {c |}{col 17}{res}{space 2} 1439.189{col 29}{space 2} 225.0923{col 40}{space 1}    6.39{col 49}{space 3}0.000{col 57}{space 4}  993.596{col 70}{space 3} 1884.781
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 1876.564{col 29}{space 2} 239.9331{col 40}{space 1}    7.82{col 49}{space 3}0.000{col 57}{space 4} 1401.593{col 70}{space 3} 2351.536
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 1844.012{col 29}{space 2} 275.5511{col 40}{space 1}    6.69{col 49}{space 3}0.000{col 57}{space 4} 1298.532{col 70}{space 3} 2389.493
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 1229.555{col 29}{space 2} 301.1272{col 40}{space 1}    4.08{col 49}{space 3}0.000{col 57}{space 4} 633.4433{col 70}{space 3} 1825.666
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} 1298.538{col 29}{space 2} 290.7445{col 40}{space 1}    4.47{col 49}{space 3}0.000{col 57}{space 4} 722.9799{col 70}{space 3} 1874.096
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} 1910.176{col 29}{space 2} 286.0942{col 40}{space 1}    6.68{col 49}{space 3}0.000{col 57}{space 4} 1343.824{col 70}{space 3} 2476.528
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} 1931.462{col 29}{space 2} 321.6609{col 40}{space 1}    6.00{col 49}{space 3}0.000{col 57}{space 4} 1294.702{col 70}{space 3} 2568.222
{txt}{space 10}1978  {c |}{col 17}{res}{space 2} 2150.115{col 29}{space 2} 347.7226{col 40}{space 1}    6.18{col 49}{space 3}0.000{col 57}{space 4} 1461.763{col 70}{space 3} 2838.466
{txt}{space 10}1979  {c |}{col 17}{res}{space 2} 1692.468{col 29}{space 2} 358.9397{col 40}{space 1}    4.72{col 49}{space 3}0.000{col 57}{space 4} 981.9114{col 70}{space 3} 2403.025
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 1509.028{col 29}{space 2} 346.7429{col 40}{space 1}    4.35{col 49}{space 3}0.000{col 57}{space 4}  822.616{col 70}{space 3}  2195.44
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}  580.801{col 29}{space 2} 291.3916{col 40}{space 1}    1.99{col 49}{space 3}0.048{col 57}{space 4} 3.962225{col 70}{space 3}  1157.64
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       170{col 27}-1181.461{col 38} -1004.26{col 49}    48{col 58} 2104.519{col 69} 2255.038
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. //pc
. reg d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann  l4.d.klarnerranney l3.d.real_pc_inc_ann  i.state_fips i.year if year<=1980 &  newsouth==1

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       170
{txt}{hline 13}{c +}{hline 34}   F(47, 122)      = {res}     2.45
{txt}       Model {c |} {res} 4922.77627        47  104.739921   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res}  5210.1241       122  42.7059353   {txt}R-squared       ={res}    0.4858
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.2877
{txt}       Total {c |} {res} 10132.9004       169  59.9579904   {txt}Root MSE        =   {res}  6.535

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.2425441{col 29}{space 2} .0808726{col 40}{space 1}   -3.00{col 49}{space 3}0.003{col 57}{space 4}-.4026396{col 70}{space 3}-.0824486
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0040187{col 29}{space 2} .0033766{col 40}{space 1}    1.19{col 49}{space 3}0.236{col 57}{space 4}-.0026656{col 70}{space 3} .0107031
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-.0160903{col 29}{space 2} .1040108{col 40}{space 1}   -0.15{col 49}{space 3}0.877{col 57}{space 4}-.2219901{col 70}{space 3} .1898095
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} .0107606{col 29}{space 2}  .005531{col 40}{space 1}    1.95{col 49}{space 3}0.054{col 57}{space 4}-.0001886{col 70}{space 3} .0217099
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.2605798{col 29}{space 2} .1025382{col 40}{space 1}   -2.54{col 49}{space 3}0.012{col 57}{space 4}-.4635643{col 70}{space 3}-.0575953
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0037004{col 29}{space 2} .0053195{col 40}{space 1}    0.70{col 49}{space 3}0.488{col 57}{space 4}-.0068301{col 70}{space 3}  .014231
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}-.0630709{col 29}{space 2} .0959588{col 40}{space 1}   -0.66{col 49}{space 3}0.512{col 57}{space 4}-.2530308{col 70}{space 3} .1268891
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0004543{col 29}{space 2} .0052733{col 40}{space 1}   -0.09{col 49}{space 3}0.931{col 57}{space 4}-.0108933{col 70}{space 3} .0099848
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L4D. {c |}{col 17}{res}{space 2}-.0694176{col 29}{space 2} .0954872{col 40}{space 1}   -0.73{col 49}{space 3}0.469{col 57}{space 4}-.2584441{col 70}{space 3}  .119609
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0053389{col 29}{space 2} .0051751{col 40}{space 1}    1.03{col 49}{space 3}0.304{col 57}{space 4}-.0049056{col 70}{space 3} .0155835
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2}-.8541911{col 29}{space 2} 3.753913{col 40}{space 1}   -0.23{col 49}{space 3}0.820{col 57}{space 4}-8.285437{col 70}{space 3} 6.577055
{txt}{space 12}37  {c |}{col 17}{res}{space 2}  1.57466{col 29}{space 2} 4.678393{col 40}{space 1}    0.34{col 49}{space 3}0.737{col 57}{space 4}-7.686686{col 70}{space 3} 10.83601
{txt}{space 12}48  {c |}{col 17}{res}{space 2}-5.727737{col 29}{space 2} 2.143496{col 40}{space 1}   -2.67{col 49}{space 3}0.009{col 57}{space 4}   -9.971{col 70}{space 3}-1.484474
{txt}{space 12}51  {c |}{col 17}{res}{space 2}-2.238223{col 29}{space 2} 1.762677{col 40}{space 1}   -1.27{col 49}{space 3}0.207{col 57}{space 4}-5.727618{col 70}{space 3} 1.251173
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2}-2.196199{col 29}{space 2} 5.938555{col 40}{space 1}   -0.37{col 49}{space 3}0.712{col 57}{space 4}-13.95216{col 70}{space 3} 9.559763
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-1.924466{col 29}{space 2} 7.669444{col 40}{space 1}   -0.25{col 49}{space 3}0.802{col 57}{space 4} -17.1069{col 70}{space 3} 13.25797
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}-4.835942{col 29}{space 2} 8.054202{col 40}{space 1}   -0.60{col 49}{space 3}0.549{col 57}{space 4}-20.78004{col 70}{space 3} 11.10816
{txt}{space 10}1951  {c |}{col 17}{res}{space 2}-7.401908{col 29}{space 2} 6.896271{col 40}{space 1}   -1.07{col 49}{space 3}0.285{col 57}{space 4}-21.05377{col 70}{space 3}  6.24995
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} -6.83842{col 29}{space 2}  6.40376{col 40}{space 1}   -1.07{col 49}{space 3}0.288{col 57}{space 4} -19.5153{col 70}{space 3} 5.838462
{txt}{space 10}1953  {c |}{col 17}{res}{space 2}-7.335212{col 29}{space 2} 6.145118{col 40}{space 1}   -1.19{col 49}{space 3}0.235{col 57}{space 4}-19.50009{col 70}{space 3} 4.829663
{txt}{space 10}1954  {c |}{col 17}{res}{space 2}-6.583813{col 29}{space 2} 6.123639{col 40}{space 1}   -1.08{col 49}{space 3}0.284{col 57}{space 4}-18.70617{col 70}{space 3} 5.538541
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}-10.38851{col 29}{space 2} 7.066521{col 40}{space 1}   -1.47{col 49}{space 3}0.144{col 57}{space 4} -24.3774{col 70}{space 3} 3.600369
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-11.52384{col 29}{space 2}  7.79348{col 40}{space 1}   -1.48{col 49}{space 3}0.142{col 57}{space 4}-26.95181{col 70}{space 3} 3.904136
{txt}{space 10}1957  {c |}{col 17}{res}{space 2}-6.623468{col 29}{space 2} 7.046354{col 40}{space 1}   -0.94{col 49}{space 3}0.349{col 57}{space 4}-20.57243{col 70}{space 3} 7.325493
{txt}{space 10}1958  {c |}{col 17}{res}{space 2}-8.914853{col 29}{space 2} 6.144605{col 40}{space 1}   -1.45{col 49}{space 3}0.149{col 57}{space 4}-21.07871{col 70}{space 3} 3.249005
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-13.73259{col 29}{space 2} 7.592472{col 40}{space 1}   -1.81{col 49}{space 3}0.073{col 57}{space 4}-28.76265{col 70}{space 3} 1.297464
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-9.855844{col 29}{space 2} 8.186768{col 40}{space 1}   -1.20{col 49}{space 3}0.231{col 57}{space 4}-26.06237{col 70}{space 3}  6.35068
{txt}{space 10}1961  {c |}{col 17}{res}{space 2}-8.056197{col 29}{space 2} 7.816866{col 40}{space 1}   -1.03{col 49}{space 3}0.305{col 57}{space 4}-23.53046{col 70}{space 3} 7.418069
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}-13.50851{col 29}{space 2} 8.208273{col 40}{space 1}   -1.65{col 49}{space 3}0.102{col 57}{space 4} -29.7576{col 70}{space 3} 2.740592
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} -9.24882{col 29}{space 2} 9.093043{col 40}{space 1}   -1.02{col 49}{space 3}0.311{col 57}{space 4}-27.24941{col 70}{space 3} 8.751767
{txt}{space 10}1964  {c |}{col 17}{res}{space 2}-12.65491{col 29}{space 2} 9.749469{col 40}{space 1}   -1.30{col 49}{space 3}0.197{col 57}{space 4}-31.95496{col 70}{space 3} 6.645135
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}-16.01794{col 29}{space 2} 10.47133{col 40}{space 1}   -1.53{col 49}{space 3}0.129{col 57}{space 4}-36.74698{col 70}{space 3}   4.7111
{txt}{space 10}1966  {c |}{col 17}{res}{space 2}-15.65093{col 29}{space 2} 11.26197{col 40}{space 1}   -1.39{col 49}{space 3}0.167{col 57}{space 4}-37.94513{col 70}{space 3} 6.643276
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} -4.20493{col 29}{space 2} 12.00889{col 40}{space 1}   -0.35{col 49}{space 3}0.727{col 57}{space 4}-27.97772{col 70}{space 3} 19.56786
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} -14.6522{col 29}{space 2} 13.00854{col 40}{space 1}   -1.13{col 49}{space 3}0.262{col 57}{space 4}-40.40391{col 70}{space 3} 11.09951
{txt}{space 10}1969  {c |}{col 17}{res}{space 2}-14.55203{col 29}{space 2} 13.94878{col 40}{space 1}   -1.04{col 49}{space 3}0.299{col 57}{space 4}-42.16504{col 70}{space 3} 13.06098
{txt}{space 10}1970  {c |}{col 17}{res}{space 2}-13.85353{col 29}{space 2} 14.22794{col 40}{space 1}   -0.97{col 49}{space 3}0.332{col 57}{space 4}-42.01915{col 70}{space 3} 14.31209
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}-21.66437{col 29}{space 2} 14.79645{col 40}{space 1}   -1.46{col 49}{space 3}0.146{col 57}{space 4}-50.95542{col 70}{space 3} 7.626685
{txt}{space 10}1972  {c |}{col 17}{res}{space 2}-24.20411{col 29}{space 2} 16.89771{col 40}{space 1}   -1.43{col 49}{space 3}0.155{col 57}{space 4}-57.65481{col 70}{space 3} 9.246598
{txt}{space 10}1973  {c |}{col 17}{res}{space 2}-16.25556{col 29}{space 2} 18.74637{col 40}{space 1}   -0.87{col 49}{space 3}0.388{col 57}{space 4}-53.36587{col 70}{space 3} 20.85476
{txt}{space 10}1974  {c |}{col 17}{res}{space 2}-17.39154{col 29}{space 2} 17.99193{col 40}{space 1}   -0.97{col 49}{space 3}0.336{col 57}{space 4}-53.00835{col 70}{space 3} 18.22528
{txt}{space 10}1975  {c |}{col 17}{res}{space 2}-29.54057{col 29}{space 2} 17.21952{col 40}{space 1}   -1.72{col 49}{space 3}0.089{col 57}{space 4}-63.62834{col 70}{space 3} 4.547192
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-27.37383{col 29}{space 2} 19.28427{col 40}{space 1}   -1.42{col 49}{space 3}0.158{col 57}{space 4}-65.54897{col 70}{space 3} 10.80132
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}-29.75634{col 29}{space 2} 21.27108{col 40}{space 1}   -1.40{col 49}{space 3}0.164{col 57}{space 4}-71.86457{col 70}{space 3}  12.3519
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}-28.87627{col 29}{space 2} 21.95559{col 40}{space 1}   -1.32{col 49}{space 3}0.191{col 57}{space 4}-72.33956{col 70}{space 3} 14.58701
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}-26.13722{col 29}{space 2} 21.37171{col 40}{space 1}   -1.22{col 49}{space 3}0.224{col 57}{space 4}-68.44464{col 70}{space 3} 16.17021
{txt}{space 10}1980  {c |}{col 17}{res}{space 2}-20.10441{col 29}{space 2} 21.16417{col 40}{space 1}   -0.95{col 49}{space 3}0.344{col 57}{space 4}-62.00099{col 70}{space 3} 21.79218
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} -12.9779{col 29}{space 2} 17.89117{col 40}{space 1}   -0.73{col 49}{space 3}0.470{col 57}{space 4}-48.39525{col 70}{space 3} 22.43946
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       170{col 27}-588.6778{col 38}-532.1372{col 49}    48{col 58} 1160.274{col 69} 1310.793
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. 
. 
. *** 2.B: NEW SOUTHERN STATES (N = 5): FULL TIME PERIOD *** ARDL (4,3)
. 
. 
. newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney i.state_fips i.year if year <=1980 &  newsouth==1, lag(6) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       175
{txt}maximum lag: {res}6{col 49}{txt}F( 46,       128){col 67}= {res}     90.91
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}{col 29}  Newey-West
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.2019729{col 29}{space 2} .0675772{col 40}{space 1}   -2.99{col 49}{space 3}0.003{col 57}{space 4} -.335686{col 70}{space 3}-.0682598
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} 4.359067{col 29}{space 2} 1.410163{col 40}{space 1}    3.09{col 49}{space 3}0.002{col 57}{space 4} 1.568819{col 70}{space 3} 7.149314
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .1271186{col 29}{space 2} .1473991{col 40}{space 1}    0.86{col 49}{space 3}0.390{col 57}{space 4}-.1645357{col 70}{space 3} .4187729
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}D1. {c |}{col 17}{res}{space 2}  3.02185{col 29}{space 2} 1.130067{col 40}{space 1}    2.67{col 49}{space 3}0.008{col 57}{space 4} .7858194{col 70}{space 3} 5.257882
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .1236531{col 29}{space 2} .0840526{col 40}{space 1}    1.47{col 49}{space 3}0.144{col 57}{space 4}-.0426593{col 70}{space 3} .2899656
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} -1.28684{col 29}{space 2} 1.233317{col 40}{space 1}   -1.04{col 49}{space 3}0.299{col 57}{space 4}-3.727167{col 70}{space 3} 1.153488
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0006789{col 29}{space 2} .0823932{col 40}{space 1}    0.01{col 49}{space 3}0.993{col 57}{space 4}  -.16235{col 70}{space 3} .1637079
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} 1.287918{col 29}{space 2} 1.037059{col 40}{space 1}    1.24{col 49}{space 3}0.217{col 57}{space 4}-.7640813{col 70}{space 3} 3.339917
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2}-167.4203{col 29}{space 2}  74.9239{col 40}{space 1}   -2.23{col 49}{space 3}0.027{col 57}{space 4}  -315.67{col 70}{space 3}-19.17056
{txt}{space 12}37  {c |}{col 17}{res}{space 2}-244.4939{col 29}{space 2} 91.31778{col 40}{space 1}   -2.68{col 49}{space 3}0.008{col 57}{space 4}-425.1818{col 70}{space 3}-63.80611
{txt}{space 12}48  {c |}{col 17}{res}{space 2} 62.15492{col 29}{space 2} 36.58454{col 40}{space 1}    1.70{col 49}{space 3}0.092{col 57}{space 4}-10.23383{col 70}{space 3} 134.5437
{txt}{space 12}51  {c |}{col 17}{res}{space 2} 16.07793{col 29}{space 2} 35.51697{col 40}{space 1}    0.45{col 49}{space 3}0.652{col 57}{space 4}-54.19846{col 70}{space 3} 86.35433
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1947  {c |}{col 17}{res}{space 2}-54.96301{col 29}{space 2} 155.5018{col 40}{space 1}   -0.35{col 49}{space 3}0.724{col 57}{space 4}-362.6498{col 70}{space 3} 252.7238
{txt}{space 10}1948  {c |}{col 17}{res}{space 2} 439.6344{col 29}{space 2} 128.3658{col 40}{space 1}    3.42{col 49}{space 3}0.001{col 57}{space 4} 185.6407{col 70}{space 3} 693.6281
{txt}{space 10}1949  {c |}{col 17}{res}{space 2} 422.0108{col 29}{space 2} 166.9598{col 40}{space 1}    2.53{col 49}{space 3}0.013{col 57}{space 4} 91.65219{col 70}{space 3} 752.3694
{txt}{space 10}1950  {c |}{col 17}{res}{space 2} 665.3455{col 29}{space 2} 116.2376{col 40}{space 1}    5.72{col 49}{space 3}0.000{col 57}{space 4} 435.3496{col 70}{space 3} 895.3413
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} 457.4633{col 29}{space 2} 106.0351{col 40}{space 1}    4.31{col 49}{space 3}0.000{col 57}{space 4} 247.6548{col 70}{space 3} 667.2717
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} 512.1188{col 29}{space 2} 101.2513{col 40}{space 1}    5.06{col 49}{space 3}0.000{col 57}{space 4} 311.7758{col 70}{space 3} 712.4619
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 538.5299{col 29}{space 2} 98.74167{col 40}{space 1}    5.45{col 49}{space 3}0.000{col 57}{space 4} 343.1526{col 70}{space 3} 733.9071
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} 446.2183{col 29}{space 2} 100.7744{col 40}{space 1}    4.43{col 49}{space 3}0.000{col 57}{space 4}  246.819{col 70}{space 3} 645.6175
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} 808.8476{col 29}{space 2} 107.5145{col 40}{space 1}    7.52{col 49}{space 3}0.000{col 57}{space 4} 596.1117{col 70}{space 3} 1021.583
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} 723.5151{col 29}{space 2} 117.0772{col 40}{space 1}    6.18{col 49}{space 3}0.000{col 57}{space 4} 491.8578{col 70}{space 3} 955.1723
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 422.2484{col 29}{space 2} 132.9221{col 40}{space 1}    3.18{col 49}{space 3}0.002{col 57}{space 4} 159.2394{col 70}{space 3} 685.2575
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} 549.8222{col 29}{space 2} 121.4357{col 40}{space 1}    4.53{col 49}{space 3}0.000{col 57}{space 4}  309.541{col 70}{space 3} 790.1035
{txt}{space 10}1959  {c |}{col 17}{res}{space 2} 826.4777{col 29}{space 2} 124.9069{col 40}{space 1}    6.62{col 49}{space 3}0.000{col 57}{space 4} 579.3281{col 70}{space 3} 1073.627
{txt}{space 10}1960  {c |}{col 17}{res}{space 2} 614.0916{col 29}{space 2} 129.6705{col 40}{space 1}    4.74{col 49}{space 3}0.000{col 57}{space 4} 357.5164{col 70}{space 3} 870.6668
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} 701.9265{col 29}{space 2} 137.6007{col 40}{space 1}    5.10{col 49}{space 3}0.000{col 57}{space 4} 429.6599{col 70}{space 3} 974.1931
{txt}{space 10}1962  {c |}{col 17}{res}{space 2} 851.6627{col 29}{space 2} 126.9521{col 40}{space 1}    6.71{col 49}{space 3}0.000{col 57}{space 4} 600.4663{col 70}{space 3} 1102.859
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 848.2586{col 29}{space 2} 145.5025{col 40}{space 1}    5.83{col 49}{space 3}0.000{col 57}{space 4} 560.3571{col 70}{space 3}  1136.16
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 1035.702{col 29}{space 2} 150.6208{col 40}{space 1}    6.88{col 49}{space 3}0.000{col 57}{space 4}  737.673{col 70}{space 3} 1333.731
{txt}{space 10}1965  {c |}{col 17}{res}{space 2} 1073.067{col 29}{space 2} 156.7504{col 40}{space 1}    6.85{col 49}{space 3}0.000{col 57}{space 4} 762.9098{col 70}{space 3} 1383.225
{txt}{space 10}1966  {c |}{col 17}{res}{space 2}  1134.51{col 29}{space 2}  180.143{col 40}{space 1}    6.30{col 49}{space 3}0.000{col 57}{space 4} 778.0661{col 70}{space 3} 1490.954
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 1182.491{col 29}{space 2} 194.2372{col 40}{space 1}    6.09{col 49}{space 3}0.000{col 57}{space 4} 798.1597{col 70}{space 3} 1566.823
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 1279.654{col 29}{space 2} 216.2104{col 40}{space 1}    5.92{col 49}{space 3}0.000{col 57}{space 4} 851.8447{col 70}{space 3} 1707.463
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 1306.856{col 29}{space 2} 244.2379{col 40}{space 1}    5.35{col 49}{space 3}0.000{col 57}{space 4} 823.5896{col 70}{space 3} 1790.122
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 1130.746{col 29}{space 2} 266.0799{col 40}{space 1}    4.25{col 49}{space 3}0.000{col 57}{space 4} 604.2612{col 70}{space 3}  1657.23
{txt}{space 10}1971  {c |}{col 17}{res}{space 2} 1307.372{col 29}{space 2} 282.0771{col 40}{space 1}    4.63{col 49}{space 3}0.000{col 57}{space 4} 749.2347{col 70}{space 3}  1865.51
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 1726.835{col 29}{space 2} 301.4983{col 40}{space 1}    5.73{col 49}{space 3}0.000{col 57}{space 4} 1130.269{col 70}{space 3} 2323.401
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 1660.653{col 29}{space 2} 334.9531{col 40}{space 1}    4.96{col 49}{space 3}0.000{col 57}{space 4} 997.8913{col 70}{space 3} 2323.415
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 1040.633{col 29}{space 2} 349.0572{col 40}{space 1}    2.98{col 49}{space 3}0.003{col 57}{space 4}  349.964{col 70}{space 3} 1731.303
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} 1163.755{col 29}{space 2}  377.846{col 40}{space 1}    3.08{col 49}{space 3}0.003{col 57}{space 4} 416.1225{col 70}{space 3} 1911.388
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} 1772.147{col 29}{space 2} 359.3879{col 40}{space 1}    4.93{col 49}{space 3}0.000{col 57}{space 4} 1061.036{col 70}{space 3} 2483.257
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} 1705.919{col 29}{space 2} 389.5451{col 40}{space 1}    4.38{col 49}{space 3}0.000{col 57}{space 4} 935.1369{col 70}{space 3}   2476.7
{txt}{space 10}1978  {c |}{col 17}{res}{space 2} 1884.181{col 29}{space 2} 423.3845{col 40}{space 1}    4.45{col 49}{space 3}0.000{col 57}{space 4} 1046.442{col 70}{space 3} 2721.919
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}  1475.26{col 29}{space 2} 414.9114{col 40}{space 1}    3.56{col 49}{space 3}0.001{col 57}{space 4} 654.2873{col 70}{space 3} 2296.234
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 1340.359{col 29}{space 2}  453.092{col 40}{space 1}    2.96{col 49}{space 3}0.004{col 57}{space 4} 443.8386{col 70}{space 3} 2236.878
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 664.9785{col 29}{space 2} 362.0295{col 40}{space 1}    1.84{col 49}{space 3}0.069{col 57}{space 4}-51.35869{col 70}{space 3} 1381.316
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. newey d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann i.state_fips i.year if year <=1980 &  newsouth==1, lag(6) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       175
{txt}maximum lag: {res}6{col 49}{txt}F( 46,       128){col 67}= {res}      6.12
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}  Newey-West
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.2362092{col 29}{space 2} .0708083{col 40}{space 1}   -3.34{col 49}{space 3}0.001{col 57}{space 4}-.3763155{col 70}{space 3} -.096103
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0042617{col 29}{space 2} .0023849{col 40}{space 1}    1.79{col 49}{space 3}0.076{col 57}{space 4}-.0004572{col 70}{space 3} .0089806
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-.0100738{col 29}{space 2} .0655676{col 40}{space 1}   -0.15{col 49}{space 3}0.878{col 57}{space 4}-.1398105{col 70}{space 3}  .119663
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} .0110272{col 29}{space 2}  .005677{col 40}{space 1}    1.94{col 49}{space 3}0.054{col 57}{space 4}-.0002058{col 70}{space 3} .0222601
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.2362534{col 29}{space 2} .1024452{col 40}{space 1}   -2.31{col 49}{space 3}0.023{col 57}{space 4}-.4389586{col 70}{space 3}-.0335481
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0025041{col 29}{space 2} .0036964{col 40}{space 1}    0.68{col 49}{space 3}0.499{col 57}{space 4}-.0048098{col 70}{space 3} .0098181
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}-.0476434{col 29}{space 2} .0837928{col 40}{space 1}   -0.57{col 49}{space 3}0.571{col 57}{space 4}-.2134418{col 70}{space 3}  .118155
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0013428{col 29}{space 2} .0033684{col 40}{space 1}   -0.40{col 49}{space 3}0.691{col 57}{space 4}-.0080078{col 70}{space 3} .0053221
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2}  -.04913{col 29}{space 2} 3.335253{col 40}{space 1}   -0.01{col 49}{space 3}0.988{col 57}{space 4}-6.648497{col 70}{space 3} 6.550237
{txt}{space 12}37  {c |}{col 17}{res}{space 2}   2.3723{col 29}{space 2} 3.530887{col 40}{space 1}    0.67{col 49}{space 3}0.503{col 57}{space 4}-4.614164{col 70}{space 3} 9.358764
{txt}{space 12}48  {c |}{col 17}{res}{space 2}-5.090346{col 29}{space 2} 2.627143{col 40}{space 1}   -1.94{col 49}{space 3}0.055{col 57}{space 4} -10.2886{col 70}{space 3} .1079043
{txt}{space 12}51  {c |}{col 17}{res}{space 2}-1.546215{col 29}{space 2} 2.111606{col 40}{space 1}   -0.73{col 49}{space 3}0.465{col 57}{space 4}-5.724389{col 70}{space 3} 2.631959
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1947  {c |}{col 17}{res}{space 2} 2.568118{col 29}{space 2} 2.884465{col 40}{space 1}    0.89{col 49}{space 3}0.375{col 57}{space 4} -3.13929{col 70}{space 3} 8.275525
{txt}{space 10}1948  {c |}{col 17}{res}{space 2}-1.701345{col 29}{space 2}  3.88681{col 40}{space 1}   -0.44{col 49}{space 3}0.662{col 57}{space 4}-9.392063{col 70}{space 3} 5.989372
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-3.673645{col 29}{space 2} 3.663309{col 40}{space 1}   -1.00{col 49}{space 3}0.318{col 57}{space 4}-10.92213{col 70}{space 3} 3.574838
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}-6.577613{col 29}{space 2} 4.262794{col 40}{space 1}   -1.54{col 49}{space 3}0.125{col 57}{space 4}-15.01228{col 70}{space 3} 1.857054
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} -6.00013{col 29}{space 2} 3.712421{col 40}{space 1}   -1.62{col 49}{space 3}0.109{col 57}{space 4}-13.34579{col 70}{space 3} 1.345529
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}-5.375691{col 29}{space 2} 3.324678{col 40}{space 1}   -1.62{col 49}{space 3}0.108{col 57}{space 4}-11.95413{col 70}{space 3} 1.202752
{txt}{space 10}1953  {c |}{col 17}{res}{space 2}-4.520136{col 29}{space 2} 3.529197{col 40}{space 1}   -1.28{col 49}{space 3}0.203{col 57}{space 4}-11.50325{col 70}{space 3} 2.462983
{txt}{space 10}1954  {c |}{col 17}{res}{space 2}-5.088746{col 29}{space 2} 2.976538{col 40}{space 1}   -1.71{col 49}{space 3}0.090{col 57}{space 4}-10.97834{col 70}{space 3} .8008435
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}-8.993928{col 29}{space 2} 4.574974{col 40}{space 1}   -1.97{col 49}{space 3}0.051{col 57}{space 4} -18.0463{col 70}{space 3} .0584392
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-10.00638{col 29}{space 2} 4.778025{col 40}{space 1}   -2.09{col 49}{space 3}0.038{col 57}{space 4}-19.46052{col 70}{space 3}-.5522412
{txt}{space 10}1957  {c |}{col 17}{res}{space 2}-5.614001{col 29}{space 2} 3.611762{col 40}{space 1}   -1.55{col 49}{space 3}0.123{col 57}{space 4}-12.76049{col 70}{space 3} 1.532488
{txt}{space 10}1958  {c |}{col 17}{res}{space 2}-6.454021{col 29}{space 2}  3.73495{col 40}{space 1}   -1.73{col 49}{space 3}0.086{col 57}{space 4}-13.84426{col 70}{space 3} .9362161
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-12.20521{col 29}{space 2} 5.620644{col 40}{space 1}   -2.17{col 49}{space 3}0.032{col 57}{space 4}-23.32661{col 70}{space 3}-1.083802
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-9.665425{col 29}{space 2} 4.542419{col 40}{space 1}   -2.13{col 49}{space 3}0.035{col 57}{space 4}-18.65338{col 70}{space 3}-.6774725
{txt}{space 10}1961  {c |}{col 17}{res}{space 2}-7.481298{col 29}{space 2} 4.815882{col 40}{space 1}   -1.55{col 49}{space 3}0.123{col 57}{space 4}-17.01034{col 70}{space 3} 2.047749
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}-11.74959{col 29}{space 2} 5.581059{col 40}{space 1}   -2.11{col 49}{space 3}0.037{col 57}{space 4}-22.79267{col 70}{space 3}-.7065139
{txt}{space 10}1963  {c |}{col 17}{res}{space 2}-8.417818{col 29}{space 2} 5.794317{col 40}{space 1}   -1.45{col 49}{space 3}0.149{col 57}{space 4}-19.88286{col 70}{space 3} 3.047227
{txt}{space 10}1964  {c |}{col 17}{res}{space 2}-11.54829{col 29}{space 2} 6.715837{col 40}{space 1}   -1.72{col 49}{space 3}0.088{col 57}{space 4}-24.83672{col 70}{space 3} 1.740142
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}-14.47058{col 29}{space 2} 7.506856{col 40}{space 1}   -1.93{col 49}{space 3}0.056{col 57}{space 4}-29.32418{col 70}{space 3} .3830159
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} -13.8959{col 29}{space 2} 7.773397{col 40}{space 1}   -1.79{col 49}{space 3}0.076{col 57}{space 4}-29.27689{col 70}{space 3} 1.485096
{txt}{space 10}1967  {c |}{col 17}{res}{space 2}-1.894045{col 29}{space 2} 14.09433{col 40}{space 1}   -0.13{col 49}{space 3}0.893{col 57}{space 4}-29.78209{col 70}{space 3}   25.994
{txt}{space 10}1968  {c |}{col 17}{res}{space 2}-12.60784{col 29}{space 2} 9.109086{col 40}{space 1}   -1.38{col 49}{space 3}0.169{col 57}{space 4}-30.63173{col 70}{space 3} 5.416038
{txt}{space 10}1969  {c |}{col 17}{res}{space 2}-12.62501{col 29}{space 2} 9.851643{col 40}{space 1}   -1.28{col 49}{space 3}0.202{col 57}{space 4}-32.11817{col 70}{space 3} 6.868149
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} -11.8828{col 29}{space 2} 10.18328{col 40}{space 1}   -1.17{col 49}{space 3}0.245{col 57}{space 4}-32.03216{col 70}{space 3} 8.266573
{txt}{space 10}1971  {c |}{col 17}{res}{space 2} -20.6275{col 29}{space 2} 10.08534{col 40}{space 1}   -2.05{col 49}{space 3}0.043{col 57}{space 4}-40.58307{col 70}{space 3} -.671926
{txt}{space 10}1972  {c |}{col 17}{res}{space 2}-22.54991{col 29}{space 2}  11.6844{col 40}{space 1}   -1.93{col 49}{space 3}0.056{col 57}{space 4} -45.6695{col 70}{space 3} .5696777
{txt}{space 10}1973  {c |}{col 17}{res}{space 2}-15.34035{col 29}{space 2} 11.94604{col 40}{space 1}   -1.28{col 49}{space 3}0.201{col 57}{space 4}-38.97762{col 70}{space 3} 8.296929
{txt}{space 10}1974  {c |}{col 17}{res}{space 2}-15.98851{col 29}{space 2} 11.38462{col 40}{space 1}   -1.40{col 49}{space 3}0.163{col 57}{space 4}-38.51493{col 70}{space 3} 6.537914
{txt}{space 10}1975  {c |}{col 17}{res}{space 2}-26.91466{col 29}{space 2} 15.62598{col 40}{space 1}   -1.72{col 49}{space 3}0.087{col 57}{space 4}-57.83333{col 70}{space 3} 4.003999
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-26.06368{col 29}{space 2} 14.74574{col 40}{space 1}   -1.77{col 49}{space 3}0.080{col 57}{space 4}-55.24065{col 70}{space 3} 3.113289
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}-31.74895{col 29}{space 2} 15.33723{col 40}{space 1}   -2.07{col 49}{space 3}0.040{col 57}{space 4}-62.09628{col 70}{space 3}-1.401615
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}-29.77014{col 29}{space 2} 14.75064{col 40}{space 1}   -2.02{col 49}{space 3}0.046{col 57}{space 4} -58.9568{col 70}{space 3}-.5834707
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}-23.15824{col 29}{space 2} 14.48785{col 40}{space 1}   -1.60{col 49}{space 3}0.112{col 57}{space 4}-51.82492{col 70}{space 3} 5.508439
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} -19.1076{col 29}{space 2} 14.57837{col 40}{space 1}   -1.31{col 49}{space 3}0.192{col 57}{space 4}-47.95339{col 70}{space 3} 9.738183
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-15.49195{col 29}{space 2} 12.56999{col 40}{space 1}   -1.23{col 49}{space 3}0.220{col 57}{space 4}-40.36382{col 70}{space 3} 9.379915
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. ************************************************************************************************************************************************************************************************************************************************************************************************
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. 
. *** 2.C: NEW SOUTHERN STATES (N = 5): FULL TIME PERIOD *** ARDL (1,1)
. 
. newey d.real_pc_inc_ann l.real_pc_inc_ann l.klarnerranney d.klarnerranney i.state_fips i.year if year <=1980 &  newsouth==1, lag(6) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       190
{txt}maximum lag: {res}6{col 49}{txt}F( 44,       145){col 67}= {res}    103.77
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}{col 29}  Newey-West
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1449588{col 29}{space 2} .0534573{col 40}{space 1}   -2.71{col 49}{space 3}0.008{col 57}{space 4} -.250615{col 70}{space 3}-.0393026
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} 3.531145{col 29}{space 2} 1.555224{col 40}{space 1}    2.27{col 49}{space 3}0.025{col 57}{space 4} .4573084{col 70}{space 3} 6.604982
{txt}{space 12}D1. {c |}{col 17}{res}{space 2} 2.011897{col 29}{space 2} 1.180165{col 40}{space 1}    1.70{col 49}{space 3}0.090{col 57}{space 4}-.3206506{col 70}{space 3} 4.344444
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2}-131.1419{col 29}{space 2}  54.3146{col 40}{space 1}   -2.41{col 49}{space 3}0.017{col 57}{space 4}-238.4925{col 70}{space 3}-23.79131
{txt}{space 12}37  {c |}{col 17}{res}{space 2}-199.8248{col 29}{space 2} 68.28468{col 40}{space 1}   -2.93{col 49}{space 3}0.004{col 57}{space 4}-334.7867{col 70}{space 3}-64.86288
{txt}{space 12}48  {c |}{col 17}{res}{space 2} 45.28899{col 29}{space 2} 42.70876{col 40}{space 1}    1.06{col 49}{space 3}0.291{col 57}{space 4}-39.12314{col 70}{space 3} 129.7011
{txt}{space 12}51  {c |}{col 17}{res}{space 2}-13.48819{col 29}{space 2} 46.08212{col 40}{space 1}   -0.29{col 49}{space 3}0.770{col 57}{space 4}-104.5676{col 70}{space 3} 77.59125
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1944  {c |}{col 17}{res}{space 2}-158.3719{col 29}{space 2} 135.2934{col 40}{space 1}   -1.17{col 49}{space 3}0.244{col 57}{space 4}-425.7738{col 70}{space 3}   109.03
{txt}{space 10}1945  {c |}{col 17}{res}{space 2}-385.0937{col 29}{space 2} 190.6915{col 40}{space 1}   -2.02{col 49}{space 3}0.045{col 57}{space 4}-761.9877{col 70}{space 3}-8.199695
{txt}{space 10}1946  {c |}{col 17}{res}{space 2}-896.9995{col 29}{space 2} 238.6775{col 40}{space 1}   -3.76{col 49}{space 3}0.000{col 57}{space 4}-1368.736{col 70}{space 3}-425.2631
{txt}{space 10}1947  {c |}{col 17}{res}{space 2}-1032.973{col 29}{space 2} 201.4551{col 40}{space 1}   -5.13{col 49}{space 3}0.000{col 57}{space 4}-1431.141{col 70}{space 3}-634.8049
{txt}{space 10}1948  {c |}{col 17}{res}{space 2}-587.1145{col 29}{space 2} 210.6205{col 40}{space 1}   -2.79{col 49}{space 3}0.006{col 57}{space 4}-1003.397{col 70}{space 3}-170.8317
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-553.5511{col 29}{space 2} 197.9117{col 40}{space 1}   -2.80{col 49}{space 3}0.006{col 57}{space 4}-944.7156{col 70}{space 3}-162.3866
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}-247.4365{col 29}{space 2} 186.9443{col 40}{space 1}   -1.32{col 49}{space 3}0.188{col 57}{space 4}-616.9244{col 70}{space 3} 122.0514
{txt}{space 10}1951  {c |}{col 17}{res}{space 2}-434.4711{col 29}{space 2} 196.9163{col 40}{space 1}   -2.21{col 49}{space 3}0.029{col 57}{space 4}-823.6682{col 70}{space 3}-45.27389
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}-380.2036{col 29}{space 2} 195.3058{col 40}{space 1}   -1.95{col 49}{space 3}0.054{col 57}{space 4}-766.2177{col 70}{space 3} 5.810488
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} -386.046{col 29}{space 2} 203.1312{col 40}{space 1}   -1.90{col 49}{space 3}0.059{col 57}{space 4}-787.5266{col 70}{space 3} 15.43461
{txt}{space 10}1954  {c |}{col 17}{res}{space 2}-486.2434{col 29}{space 2} 203.6223{col 40}{space 1}   -2.39{col 49}{space 3}0.018{col 57}{space 4}-888.6946{col 70}{space 3} -83.7923
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}-138.5489{col 29}{space 2} 204.6433{col 40}{space 1}   -0.68{col 49}{space 3}0.499{col 57}{space 4}-543.0181{col 70}{space 3} 265.9203
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-216.8929{col 29}{space 2} 214.9045{col 40}{space 1}   -1.01{col 49}{space 3}0.315{col 57}{space 4} -641.643{col 70}{space 3} 207.8572
{txt}{space 10}1957  {c |}{col 17}{res}{space 2}-505.9989{col 29}{space 2}   223.15{col 40}{space 1}   -2.27{col 49}{space 3}0.025{col 57}{space 4}-947.0459{col 70}{space 3}-64.95192
{txt}{space 10}1958  {c |}{col 17}{res}{space 2}-431.0901{col 29}{space 2} 219.7727{col 40}{space 1}   -1.96{col 49}{space 3}0.052{col 57}{space 4} -865.462{col 70}{space 3} 3.281843
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-182.0717{col 29}{space 2} 218.0987{col 40}{space 1}   -0.83{col 49}{space 3}0.405{col 57}{space 4} -613.135{col 70}{space 3} 248.9917
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-364.3546{col 29}{space 2} 226.0924{col 40}{space 1}   -1.61{col 49}{space 3}0.109{col 57}{space 4} -811.217{col 70}{space 3} 82.50779
{txt}{space 10}1961  {c |}{col 17}{res}{space 2}-279.6559{col 29}{space 2} 225.5548{col 40}{space 1}   -1.24{col 49}{space 3}0.217{col 57}{space 4}-725.4558{col 70}{space 3} 166.1441
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}-153.9066{col 29}{space 2} 230.7625{col 40}{space 1}   -0.67{col 49}{space 3}0.506{col 57}{space 4}-609.9993{col 70}{space 3} 302.1861
{txt}{space 10}1963  {c |}{col 17}{res}{space 2}-133.3937{col 29}{space 2} 236.6294{col 40}{space 1}   -0.56{col 49}{space 3}0.574{col 57}{space 4}-601.0821{col 70}{space 3} 334.2947
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 48.19559{col 29}{space 2} 243.1863{col 40}{space 1}    0.20{col 49}{space 3}0.843{col 57}{space 4}-432.4523{col 70}{space 3} 528.8435
{txt}{space 10}1965  {c |}{col 17}{res}{space 2} 89.32011{col 29}{space 2} 255.4286{col 40}{space 1}    0.35{col 49}{space 3}0.727{col 57}{space 4}-415.5241{col 70}{space 3} 594.1643
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} 152.5878{col 29}{space 2} 271.2149{col 40}{space 1}    0.56{col 49}{space 3}0.575{col 57}{space 4}-383.4575{col 70}{space 3}  688.633
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 189.9044{col 29}{space 2}  279.732{col 40}{space 1}    0.68{col 49}{space 3}0.498{col 57}{space 4}-362.9747{col 70}{space 3} 742.7834
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 253.4379{col 29}{space 2} 292.1573{col 40}{space 1}    0.87{col 49}{space 3}0.387{col 57}{space 4}-323.9993{col 70}{space 3} 830.8751
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 297.5528{col 29}{space 2} 318.8221{col 40}{space 1}    0.93{col 49}{space 3}0.352{col 57}{space 4}-332.5862{col 70}{space 3} 927.6918
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 89.06231{col 29}{space 2} 333.2436{col 40}{space 1}    0.27{col 49}{space 3}0.790{col 57}{space 4}-569.5802{col 70}{space 3} 747.7049
{txt}{space 10}1971  {c |}{col 17}{res}{space 2} 211.4407{col 29}{space 2} 338.2633{col 40}{space 1}    0.63{col 49}{space 3}0.533{col 57}{space 4} -457.123{col 70}{space 3} 880.0045
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 608.0921{col 29}{space 2} 351.9398{col 40}{space 1}    1.73{col 49}{space 3}0.086{col 57}{space 4}-87.50257{col 70}{space 3} 1303.687
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 559.5324{col 29}{space 2}  376.382{col 40}{space 1}    1.49{col 49}{space 3}0.139{col 57}{space 4}-184.3715{col 70}{space 3} 1303.436
{txt}{space 10}1974  {c |}{col 17}{res}{space 2}-69.08047{col 29}{space 2} 386.8686{col 40}{space 1}   -0.18{col 49}{space 3}0.859{col 57}{space 4}-833.7107{col 70}{space 3} 695.5498
{txt}{space 10}1975  {c |}{col 17}{res}{space 2}-24.02388{col 29}{space 2} 397.0434{col 40}{space 1}   -0.06{col 49}{space 3}0.952{col 57}{space 4} -808.764{col 70}{space 3} 760.7163
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} 521.1747{col 29}{space 2}  381.503{col 40}{space 1}    1.37{col 49}{space 3}0.174{col 57}{space 4}-232.8504{col 70}{space 3}   1275.2
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} 468.0643{col 29}{space 2} 398.6113{col 40}{space 1}    1.17{col 49}{space 3}0.242{col 57}{space 4}-319.7748{col 70}{space 3} 1255.903
{txt}{space 10}1978  {c |}{col 17}{res}{space 2} 699.1436{col 29}{space 2} 425.6593{col 40}{space 1}    1.64{col 49}{space 3}0.103{col 57}{space 4}-142.1548{col 70}{space 3} 1540.442
{txt}{space 10}1979  {c |}{col 17}{res}{space 2} 274.9756{col 29}{space 2} 446.4421{col 40}{space 1}    0.62{col 49}{space 3}0.539{col 57}{space 4}-607.3991{col 70}{space 3}  1157.35
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 104.5073{col 29}{space 2} 444.4554{col 40}{space 1}    0.24{col 49}{space 3}0.814{col 57}{space 4}-773.9409{col 70}{space 3} 982.9555
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 1322.726{col 29}{space 2} 276.1248{col 40}{space 1}    4.79{col 49}{space 3}0.000{col 57}{space 4}  776.976{col 70}{space 3} 1868.475
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. newey d.klarnerranney l.klarnerranney l.real_pc_inc_ann d.real_pc_inc_ann i.state_fips i.year if year <=1980 &  newsouth==1, lag(6) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       190
{txt}maximum lag: {res}6{col 49}{txt}F( 44,       145){col 67}= {res}      5.07
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}  Newey-West
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.2356758{col 29}{space 2} .0706899{col 40}{space 1}   -3.33{col 49}{space 3}0.001{col 57}{space 4}-.3753916{col 70}{space 3}  -.09596
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0027045{col 29}{space 2} .0023918{col 40}{space 1}    1.13{col 49}{space 3}0.260{col 57}{space 4}-.0020227{col 70}{space 3} .0074317
{txt}{space 12}D1. {c |}{col 17}{res}{space 2} .0049615{col 29}{space 2} .0038795{col 40}{space 1}    1.28{col 49}{space 3}0.203{col 57}{space 4}-.0027061{col 70}{space 3} .0126291
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2}-1.095264{col 29}{space 2}  3.01076{col 40}{space 1}   -0.36{col 49}{space 3}0.717{col 57}{space 4}-7.045909{col 70}{space 3} 4.855382
{txt}{space 12}37  {c |}{col 17}{res}{space 2} 1.490593{col 29}{space 2} 3.233823{col 40}{space 1}    0.46{col 49}{space 3}0.646{col 57}{space 4}-4.900926{col 70}{space 3} 7.882113
{txt}{space 12}48  {c |}{col 17}{res}{space 2} -4.59524{col 29}{space 2} 2.432788{col 40}{space 1}   -1.89{col 49}{space 3}0.061{col 57}{space 4}-9.403547{col 70}{space 3} .2130675
{txt}{space 12}51  {c |}{col 17}{res}{space 2}  -.64132{col 29}{space 2} 1.831392{col 40}{space 1}   -0.35{col 49}{space 3}0.727{col 57}{space 4}-4.260991{col 70}{space 3} 2.978351
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1944  {c |}{col 17}{res}{space 2} -.395052{col 29}{space 2} 2.130938{col 40}{space 1}   -0.19{col 49}{space 3}0.853{col 57}{space 4}-4.606765{col 70}{space 3} 3.816661
{txt}{space 10}1945  {c |}{col 17}{res}{space 2}-.3051439{col 29}{space 2} 2.550495{col 40}{space 1}   -0.12{col 49}{space 3}0.905{col 57}{space 4}-5.346094{col 70}{space 3} 4.735806
{txt}{space 10}1946  {c |}{col 17}{res}{space 2} 1.656005{col 29}{space 2} 3.924198{col 40}{space 1}    0.42{col 49}{space 3}0.674{col 57}{space 4}-6.100013{col 70}{space 3} 9.412024
{txt}{space 10}1947  {c |}{col 17}{res}{space 2} 2.295021{col 29}{space 2} 4.219771{col 40}{space 1}    0.54{col 49}{space 3}0.587{col 57}{space 4}-6.045185{col 70}{space 3} 10.63523
{txt}{space 10}1948  {c |}{col 17}{res}{space 2} 1.046374{col 29}{space 2} 2.711425{col 40}{space 1}    0.39{col 49}{space 3}0.700{col 57}{space 4}-4.312648{col 70}{space 3} 6.405397
{txt}{space 10}1949  {c |}{col 17}{res}{space 2} .9124326{col 29}{space 2} 2.728852{col 40}{space 1}    0.33{col 49}{space 3}0.739{col 57}{space 4}-4.481033{col 70}{space 3} 6.305898
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}-.7179491{col 29}{space 2} 2.308629{col 40}{space 1}   -0.31{col 49}{space 3}0.756{col 57}{space 4}-5.280862{col 70}{space 3} 3.844964
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} -.388342{col 29}{space 2} 2.903271{col 40}{space 1}   -0.13{col 49}{space 3}0.894{col 57}{space 4} -6.12654{col 70}{space 3} 5.349856
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}-.3753055{col 29}{space 2} 3.113348{col 40}{space 1}   -0.12{col 49}{space 3}0.904{col 57}{space 4}-6.528712{col 70}{space 3} 5.778101
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} .9498444{col 29}{space 2}  3.35347{col 40}{space 1}    0.28{col 49}{space 3}0.777{col 57}{space 4}-5.678154{col 70}{space 3} 7.577843
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} -.378178{col 29}{space 2} 3.616226{col 40}{space 1}   -0.10{col 49}{space 3}0.917{col 57}{space 4}-7.525503{col 70}{space 3} 6.769147
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}-2.793779{col 29}{space 2} 3.599023{col 40}{space 1}   -0.78{col 49}{space 3}0.439{col 57}{space 4}-9.907101{col 70}{space 3} 4.319544
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-2.613354{col 29}{space 2} 4.233093{col 40}{space 1}   -0.62{col 49}{space 3}0.538{col 57}{space 4}-10.97989{col 70}{space 3} 5.753183
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} -.348742{col 29}{space 2} 4.966229{col 40}{space 1}   -0.07{col 49}{space 3}0.944{col 57}{space 4}-10.16429{col 70}{space 3} 9.466809
{txt}{space 10}1958  {c |}{col 17}{res}{space 2}-1.545649{col 29}{space 2} 4.480504{col 40}{space 1}   -0.34{col 49}{space 3}0.731{col 57}{space 4}-10.40118{col 70}{space 3} 7.309887
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-5.490589{col 29}{space 2} 4.955572{col 40}{space 1}   -1.11{col 49}{space 3}0.270{col 57}{space 4}-15.28508{col 70}{space 3} 4.303899
{txt}{space 10}1960  {c |}{col 17}{res}{space 2} -3.15572{col 29}{space 2} 4.940396{col 40}{space 1}   -0.64{col 49}{space 3}0.524{col 57}{space 4}-12.92021{col 70}{space 3} 6.608774
{txt}{space 10}1961  {c |}{col 17}{res}{space 2}-.6102418{col 29}{space 2} 5.370788{col 40}{space 1}   -0.11{col 49}{space 3}0.910{col 57}{space 4}-11.22539{col 70}{space 3}  10.0049
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}-4.004766{col 29}{space 2} 5.205051{col 40}{space 1}   -0.77{col 49}{space 3}0.443{col 57}{space 4}-14.29234{col 70}{space 3} 6.282808
{txt}{space 10}1963  {c |}{col 17}{res}{space 2}-1.009245{col 29}{space 2}  5.78876{col 40}{space 1}   -0.17{col 49}{space 3}0.862{col 57}{space 4}-12.45049{col 70}{space 3} 10.43201
{txt}{space 10}1964  {c |}{col 17}{res}{space 2}-2.422435{col 29}{space 2} 6.124646{col 40}{space 1}   -0.40{col 49}{space 3}0.693{col 57}{space 4}-14.52755{col 70}{space 3}  9.68268
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}-5.107217{col 29}{space 2} 7.823671{col 40}{space 1}   -0.65{col 49}{space 3}0.515{col 57}{space 4}-20.57039{col 70}{space 3} 10.35595
{txt}{space 10}1966  {c |}{col 17}{res}{space 2}-4.067216{col 29}{space 2} 7.954579{col 40}{space 1}   -0.51{col 49}{space 3}0.610{col 57}{space 4}-19.78912{col 70}{space 3} 11.65469
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 9.248437{col 29}{space 2} 16.67137{col 40}{space 1}    0.55{col 49}{space 3}0.580{col 57}{space 4}-23.70185{col 70}{space 3} 42.19872
{txt}{space 10}1968  {c |}{col 17}{res}{space 2}-1.121121{col 29}{space 2} 9.560037{col 40}{space 1}   -0.12{col 49}{space 3}0.907{col 57}{space 4}-20.01615{col 70}{space 3} 17.77391
{txt}{space 10}1969  {c |}{col 17}{res}{space 2}-3.719594{col 29}{space 2} 10.40248{col 40}{space 1}   -0.36{col 49}{space 3}0.721{col 57}{space 4}-24.27968{col 70}{space 3} 16.84049
{txt}{space 10}1970  {c |}{col 17}{res}{space 2}-1.580226{col 29}{space 2}    11.19{col 40}{space 1}   -0.14{col 49}{space 3}0.888{col 57}{space 4}-23.69681{col 70}{space 3} 20.53636
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}-9.017356{col 29}{space 2} 11.41586{col 40}{space 1}   -0.79{col 49}{space 3}0.431{col 57}{space 4}-31.58035{col 70}{space 3} 13.54564
{txt}{space 10}1972  {c |}{col 17}{res}{space 2}-8.042479{col 29}{space 2} 12.37301{col 40}{space 1}   -0.65{col 49}{space 3}0.517{col 57}{space 4}-32.49723{col 70}{space 3} 16.41227
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 1.744092{col 29}{space 2} 13.45976{col 40}{space 1}    0.13{col 49}{space 3}0.897{col 57}{space 4}-24.85858{col 70}{space 3} 28.34676
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} -3.86223{col 29}{space 2} 13.52093{col 40}{space 1}   -0.29{col 49}{space 3}0.776{col 57}{space 4} -30.5858{col 70}{space 3} 22.86134
{txt}{space 10}1975  {c |}{col 17}{res}{space 2}-19.04833{col 29}{space 2} 16.81479{col 40}{space 1}   -1.13{col 49}{space 3}0.259{col 57}{space 4}-52.28208{col 70}{space 3} 14.18541
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-12.06538{col 29}{space 2} 14.29011{col 40}{space 1}   -0.84{col 49}{space 3}0.400{col 57}{space 4} -40.3092{col 70}{space 3} 16.17844
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} -12.4997{col 29}{space 2}  14.7595{col 40}{space 1}   -0.85{col 49}{space 3}0.398{col 57}{space 4}-41.67125{col 70}{space 3} 16.67186
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}-12.23603{col 29}{space 2} 16.00155{col 40}{space 1}   -0.76{col 49}{space 3}0.446{col 57}{space 4}-43.86244{col 70}{space 3} 19.39038
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}-7.963231{col 29}{space 2} 16.14419{col 40}{space 1}   -0.49{col 49}{space 3}0.623{col 57}{space 4}-39.87156{col 70}{space 3}  23.9451
{txt}{space 10}1980  {c |}{col 17}{res}{space 2}-6.962965{col 29}{space 2} 15.92612{col 40}{space 1}   -0.44{col 49}{space 3}0.663{col 57}{space 4}-38.44031{col 70}{space 3} 24.51438
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} -11.5566{col 29}{space 2} 11.68685{col 40}{space 1}   -0.99{col 49}{space 3}0.324{col 57}{space 4}-34.65518{col 70}{space 3} 11.54198
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. 
. 
. *** 2.D: Reduce (4,3) MODEL TO MATCH (5,4) ***
. *(5,4)*
. //Income (5,4)
. newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney  l4.d.real_pc_inc_ann l3.d.klarnerranney  i.state_fips i.year if year <=1980 &  newsouth==1, lag(6) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       170
{txt}maximum lag: {res}6{col 49}{txt}F( 47,       122){col 67}= {res}    105.11
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}{col 29}  Newey-West
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.2133325{col 29}{space 2} .0794801{col 40}{space 1}   -2.68{col 49}{space 3}0.008{col 57}{space 4}-.3706712{col 70}{space 3}-.0559937
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}  3.91458{col 29}{space 2} 1.602811{col 40}{space 1}    2.44{col 49}{space 3}0.016{col 57}{space 4} .7416556{col 70}{space 3} 7.087504
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .1076605{col 29}{space 2} .1511844{col 40}{space 1}    0.71{col 49}{space 3}0.478{col 57}{space 4}-.1916241{col 70}{space 3} .4069451
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} 2.759532{col 29}{space 2} 1.100104{col 40}{space 1}    2.51{col 49}{space 3}0.013{col 57}{space 4} .5817652{col 70}{space 3} 4.937298
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}  .165247{col 29}{space 2} .0820263{col 40}{space 1}    2.01{col 49}{space 3}0.046{col 57}{space 4} .0028678{col 70}{space 3} .3276262
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-.9231355{col 29}{space 2} 1.492897{col 40}{space 1}   -0.62{col 49}{space 3}0.537{col 57}{space 4}-3.878474{col 70}{space 3} 2.032203
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0860398{col 29}{space 2} .0722678{col 40}{space 1}    1.19{col 49}{space 3}0.236{col 57}{space 4}-.0570214{col 70}{space 3} .2291011
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} 1.427007{col 29}{space 2} 1.219413{col 40}{space 1}    1.17{col 49}{space 3}0.244{col 57}{space 4}-.9869428{col 70}{space 3} 3.840958
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L4D. {c |}{col 17}{res}{space 2} .0750819{col 29}{space 2} .0779401{col 40}{space 1}    0.96{col 49}{space 3}0.337{col 57}{space 4}-.0792083{col 70}{space 3} .2293721
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} 1.054349{col 29}{space 2} 1.078875{col 40}{space 1}    0.98{col 49}{space 3}0.330{col 57}{space 4}-1.081392{col 70}{space 3} 3.190091
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2}-182.8334{col 29}{space 2} 81.94608{col 40}{space 1}   -2.23{col 49}{space 3}0.027{col 57}{space 4}-345.0538{col 70}{space 3}-20.61292
{txt}{space 12}37  {c |}{col 17}{res}{space 2}-268.5038{col 29}{space 2} 103.6502{col 40}{space 1}   -2.59{col 49}{space 3}0.011{col 57}{space 4}-473.6897{col 70}{space 3}-63.31795
{txt}{space 12}48  {c |}{col 17}{res}{space 2} 53.45923{col 29}{space 2} 40.47021{col 40}{space 1}    1.32{col 49}{space 3}0.189{col 57}{space 4}-26.65559{col 70}{space 3}  133.574
{txt}{space 12}51  {c |}{col 17}{res}{space 2} 4.669032{col 29}{space 2} 38.22828{col 40}{space 1}    0.12{col 49}{space 3}0.903{col 57}{space 4}-71.00766{col 70}{space 3} 80.34572
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2} 553.5211{col 29}{space 2} 111.1962{col 40}{space 1}    4.98{col 49}{space 3}0.000{col 57}{space 4} 333.3971{col 70}{space 3} 773.6452
{txt}{space 10}1949  {c |}{col 17}{res}{space 2} 616.6469{col 29}{space 2} 144.5966{col 40}{space 1}    4.26{col 49}{space 3}0.000{col 57}{space 4} 330.4035{col 70}{space 3} 902.8904
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}  887.263{col 29}{space 2}  148.771{col 40}{space 1}    5.96{col 49}{space 3}0.000{col 57}{space 4} 592.7561{col 70}{space 3}  1181.77
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} 650.0911{col 29}{space 2} 158.8215{col 40}{space 1}    4.09{col 49}{space 3}0.000{col 57}{space 4} 335.6882{col 70}{space 3} 964.4941
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} 648.2179{col 29}{space 2}  116.128{col 40}{space 1}    5.58{col 49}{space 3}0.000{col 57}{space 4} 418.3309{col 70}{space 3} 878.1048
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 660.2028{col 29}{space 2} 122.8327{col 40}{space 1}    5.37{col 49}{space 3}0.000{col 57}{space 4} 417.0432{col 70}{space 3} 903.3624
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} 565.2108{col 29}{space 2} 107.8971{col 40}{space 1}    5.24{col 49}{space 3}0.000{col 57}{space 4} 351.6178{col 70}{space 3} 778.8038
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} 941.3487{col 29}{space 2} 114.0728{col 40}{space 1}    8.25{col 49}{space 3}0.000{col 57}{space 4} 715.5302{col 70}{space 3} 1167.167
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} 869.6972{col 29}{space 2} 136.0736{col 40}{space 1}    6.39{col 49}{space 3}0.000{col 57}{space 4} 600.3258{col 70}{space 3} 1139.069
{txt}{space 10}1957  {c |}{col 17}{res}{space 2}  568.269{col 29}{space 2} 138.4646{col 40}{space 1}    4.10{col 49}{space 3}0.000{col 57}{space 4} 294.1644{col 70}{space 3} 842.3736
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} 673.8709{col 29}{space 2} 135.0278{col 40}{space 1}    4.99{col 49}{space 3}0.000{col 57}{space 4} 406.5698{col 70}{space 3} 941.1719
{txt}{space 10}1959  {c |}{col 17}{res}{space 2} 949.9016{col 29}{space 2} 113.0616{col 40}{space 1}    8.40{col 49}{space 3}0.000{col 57}{space 4} 726.0848{col 70}{space 3} 1173.718
{txt}{space 10}1960  {c |}{col 17}{res}{space 2} 777.7352{col 29}{space 2} 132.7467{col 40}{space 1}    5.86{col 49}{space 3}0.000{col 57}{space 4} 514.9498{col 70}{space 3} 1040.521
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} 869.2533{col 29}{space 2} 146.2853{col 40}{space 1}    5.94{col 49}{space 3}0.000{col 57}{space 4} 579.6669{col 70}{space 3}  1158.84
{txt}{space 10}1962  {c |}{col 17}{res}{space 2} 1005.472{col 29}{space 2} 140.4253{col 40}{space 1}    7.16{col 49}{space 3}0.000{col 57}{space 4} 727.4866{col 70}{space 3} 1283.458
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 1002.741{col 29}{space 2} 146.9776{col 40}{space 1}    6.82{col 49}{space 3}0.000{col 57}{space 4} 711.7846{col 70}{space 3} 1293.698
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 1194.186{col 29}{space 2} 164.4995{col 40}{space 1}    7.26{col 49}{space 3}0.000{col 57}{space 4} 868.5426{col 70}{space 3} 1519.829
{txt}{space 10}1965  {c |}{col 17}{res}{space 2} 1226.624{col 29}{space 2}    178.6{col 40}{space 1}    6.87{col 49}{space 3}0.000{col 57}{space 4} 873.0674{col 70}{space 3}  1580.18
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} 1275.065{col 29}{space 2} 200.0416{col 40}{space 1}    6.37{col 49}{space 3}0.000{col 57}{space 4} 879.0628{col 70}{space 3} 1671.068
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 1319.886{col 29}{space 2} 216.1979{col 40}{space 1}    6.10{col 49}{space 3}0.000{col 57}{space 4}  891.901{col 70}{space 3} 1747.872
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 1410.971{col 29}{space 2}  235.152{col 40}{space 1}    6.00{col 49}{space 3}0.000{col 57}{space 4} 945.4641{col 70}{space 3} 1876.478
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 1443.988{col 29}{space 2} 267.2384{col 40}{space 1}    5.40{col 49}{space 3}0.000{col 57}{space 4} 914.9628{col 70}{space 3} 1973.013
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 1257.162{col 29}{space 2} 288.3375{col 40}{space 1}    4.36{col 49}{space 3}0.000{col 57}{space 4} 686.3691{col 70}{space 3} 1827.955
{txt}{space 10}1971  {c |}{col 17}{res}{space 2} 1439.189{col 29}{space 2} 303.1461{col 40}{space 1}    4.75{col 49}{space 3}0.000{col 57}{space 4} 839.0807{col 70}{space 3} 2039.297
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 1876.564{col 29}{space 2} 322.1575{col 40}{space 1}    5.82{col 49}{space 3}0.000{col 57}{space 4} 1238.821{col 70}{space 3} 2514.307
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 1844.012{col 29}{space 2} 362.2604{col 40}{space 1}    5.09{col 49}{space 3}0.000{col 57}{space 4} 1126.882{col 70}{space 3} 2561.143
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 1229.555{col 29}{space 2} 394.6127{col 40}{space 1}    3.12{col 49}{space 3}0.002{col 57}{space 4} 448.3792{col 70}{space 3}  2010.73
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} 1298.538{col 29}{space 2} 419.7684{col 40}{space 1}    3.09{col 49}{space 3}0.002{col 57}{space 4} 467.5644{col 70}{space 3} 2129.511
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} 1910.176{col 29}{space 2} 377.2548{col 40}{space 1}    5.06{col 49}{space 3}0.000{col 57}{space 4} 1163.363{col 70}{space 3}  2656.99
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} 1931.462{col 29}{space 2} 407.1005{col 40}{space 1}    4.74{col 49}{space 3}0.000{col 57}{space 4} 1125.566{col 70}{space 3} 2737.358
{txt}{space 10}1978  {c |}{col 17}{res}{space 2} 2150.115{col 29}{space 2}   471.26{col 40}{space 1}    4.56{col 49}{space 3}0.000{col 57}{space 4} 1217.208{col 70}{space 3} 3083.021
{txt}{space 10}1979  {c |}{col 17}{res}{space 2} 1692.468{col 29}{space 2}  482.799{col 40}{space 1}    3.51{col 49}{space 3}0.001{col 57}{space 4} 736.7195{col 70}{space 3} 2648.217
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 1509.028{col 29}{space 2} 493.2688{col 40}{space 1}    3.06{col 49}{space 3}0.003{col 57}{space 4} 532.5533{col 70}{space 3} 2485.503
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}  580.801{col 29}{space 2} 450.0228{col 40}{space 1}    1.29{col 49}{space 3}0.199{col 57}{space 4}-310.0641{col 70}{space 3} 1471.666
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. predict allstates4280inc
{txt}(option xb assumed; fitted values)
(245 missing values generated)

{com}. 
. //ols version
. reg d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney  l4.d.real_pc_inc_ann l3.d.klarnerranney  i.state_fips i.year if year <=1980 &  newsouth==1

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       170
{txt}{hline 13}{c +}{hline 34}   F(47, 122)      = {res}    18.28
{txt}       Model {c |} {res} 9479915.34        47  201700.326   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 1346126.28       122   11033.822   {txt}R-squared       ={res}    0.8757
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.8278
{txt}       Total {c |} {res} 10826041.6       169  64059.4179   {txt}Root MSE        =   {res} 105.04

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.2133325{col 29}{space 2} .0553321{col 40}{space 1}   -3.86{col 49}{space 3}0.000{col 57}{space 4}-.3228678{col 70}{space 3}-.1037971
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}  3.91458{col 29}{space 2} 1.271943{col 40}{space 1}    3.08{col 49}{space 3}0.003{col 57}{space 4} 1.396642{col 70}{space 3} 6.432517
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .1076605{col 29}{space 2} .0862548{col 40}{space 1}    1.25{col 49}{space 3}0.214{col 57}{space 4}-.0630894{col 70}{space 3} .2784105
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} 2.759532{col 29}{space 2} 1.430842{col 40}{space 1}    1.93{col 49}{space 3}0.056{col 57}{space 4}-.0729628{col 70}{space 3} 5.592026
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}  .165247{col 29}{space 2} .0824572{col 40}{space 1}    2.00{col 49}{space 3}0.047{col 57}{space 4} .0020148{col 70}{space 3} .3284792
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-.9231355{col 29}{space 2} 1.631226{col 40}{space 1}   -0.57{col 49}{space 3}0.572{col 57}{space 4}-4.152309{col 70}{space 3} 2.306038
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0860398{col 29}{space 2} .0831451{col 40}{space 1}    1.03{col 49}{space 3}0.303{col 57}{space 4}-.0785542{col 70}{space 3} .2506338
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} 1.427007{col 29}{space 2} 1.506238{col 40}{space 1}    0.95{col 49}{space 3}0.345{col 57}{space 4}-1.554742{col 70}{space 3} 4.408757
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L4D. {c |}{col 17}{res}{space 2} .0750819{col 29}{space 2} .0737578{col 40}{space 1}    1.02{col 49}{space 3}0.311{col 57}{space 4}-.0709289{col 70}{space 3} .2210928
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} 1.054349{col 29}{space 2} 1.483396{col 40}{space 1}    0.71{col 49}{space 3}0.479{col 57}{space 4} -1.88218{col 70}{space 3} 3.990879
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2}-182.8334{col 29}{space 2} 62.40837{col 40}{space 1}   -2.93{col 49}{space 3}0.004{col 57}{space 4} -306.377{col 70}{space 3}-59.28977
{txt}{space 12}37  {c |}{col 17}{res}{space 2}-268.5038{col 29}{space 2} 76.26541{col 40}{space 1}   -3.52{col 49}{space 3}0.001{col 57}{space 4}-419.4788{col 70}{space 3}-117.5288
{txt}{space 12}48  {c |}{col 17}{res}{space 2} 53.45923{col 29}{space 2} 35.18313{col 40}{space 1}    1.52{col 49}{space 3}0.131{col 57}{space 4}-16.18929{col 70}{space 3} 123.1077
{txt}{space 12}51  {c |}{col 17}{res}{space 2} 4.669032{col 29}{space 2} 28.69074{col 40}{space 1}    0.16{col 49}{space 3}0.871{col 57}{space 4}-52.12716{col 70}{space 3} 61.46522
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2} 553.5211{col 29}{space 2} 83.08011{col 40}{space 1}    6.66{col 49}{space 3}0.000{col 57}{space 4} 389.0558{col 70}{space 3} 717.9865
{txt}{space 10}1949  {c |}{col 17}{res}{space 2} 616.6469{col 29}{space 2} 113.6482{col 40}{space 1}    5.43{col 49}{space 3}0.000{col 57}{space 4}  391.669{col 70}{space 3} 841.6248
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}  887.263{col 29}{space 2} 121.4053{col 40}{space 1}    7.31{col 49}{space 3}0.000{col 57}{space 4} 646.9291{col 70}{space 3} 1127.597
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} 650.0911{col 29}{space 2} 118.8942{col 40}{space 1}    5.47{col 49}{space 3}0.000{col 57}{space 4} 414.7283{col 70}{space 3}  885.454
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} 648.2179{col 29}{space 2} 93.36467{col 40}{space 1}    6.94{col 49}{space 3}0.000{col 57}{space 4} 463.3932{col 70}{space 3} 833.0425
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 660.2028{col 29}{space 2} 90.20148{col 40}{space 1}    7.32{col 49}{space 3}0.000{col 57}{space 4}   481.64{col 70}{space 3} 838.7656
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} 565.2108{col 29}{space 2} 87.50848{col 40}{space 1}    6.46{col 49}{space 3}0.000{col 57}{space 4}  391.979{col 70}{space 3} 738.4426
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} 941.3487{col 29}{space 2} 89.84977{col 40}{space 1}   10.48{col 49}{space 3}0.000{col 57}{space 4} 763.4821{col 70}{space 3} 1119.215
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} 869.6972{col 29}{space 2} 108.3771{col 40}{space 1}    8.02{col 49}{space 3}0.000{col 57}{space 4}  655.154{col 70}{space 3}  1084.24
{txt}{space 10}1957  {c |}{col 17}{res}{space 2}  568.269{col 29}{space 2}  112.357{col 40}{space 1}    5.06{col 49}{space 3}0.000{col 57}{space 4} 345.8471{col 70}{space 3} 790.6909
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} 673.8709{col 29}{space 2} 102.0776{col 40}{space 1}    6.60{col 49}{space 3}0.000{col 57}{space 4} 471.7981{col 70}{space 3} 875.9436
{txt}{space 10}1959  {c |}{col 17}{res}{space 2} 949.9016{col 29}{space 2} 98.27127{col 40}{space 1}    9.67{col 49}{space 3}0.000{col 57}{space 4} 755.3638{col 70}{space 3} 1144.439
{txt}{space 10}1960  {c |}{col 17}{res}{space 2} 777.7352{col 29}{space 2} 122.0544{col 40}{space 1}    6.37{col 49}{space 3}0.000{col 57}{space 4} 536.1163{col 70}{space 3} 1019.354
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} 869.2533{col 29}{space 2} 124.7935{col 40}{space 1}    6.97{col 49}{space 3}0.000{col 57}{space 4} 622.2121{col 70}{space 3} 1116.294
{txt}{space 10}1962  {c |}{col 17}{res}{space 2} 1005.472{col 29}{space 2} 122.3951{col 40}{space 1}    8.21{col 49}{space 3}0.000{col 57}{space 4}  763.179{col 70}{space 3} 1247.766
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 1002.741{col 29}{space 2} 128.2897{col 40}{space 1}    7.82{col 49}{space 3}0.000{col 57}{space 4}  748.779{col 70}{space 3} 1256.704
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 1194.186{col 29}{space 2} 139.3677{col 40}{space 1}    8.57{col 49}{space 3}0.000{col 57}{space 4} 918.2935{col 70}{space 3} 1470.078
{txt}{space 10}1965  {c |}{col 17}{res}{space 2} 1226.624{col 29}{space 2}  150.053{col 40}{space 1}    8.17{col 49}{space 3}0.000{col 57}{space 4} 929.5789{col 70}{space 3} 1523.669
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} 1275.065{col 29}{space 2}  159.945{col 40}{space 1}    7.97{col 49}{space 3}0.000{col 57}{space 4} 958.4381{col 70}{space 3} 1591.692
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 1319.886{col 29}{space 2} 173.4365{col 40}{space 1}    7.61{col 49}{space 3}0.000{col 57}{space 4} 976.5514{col 70}{space 3} 1663.221
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 1410.971{col 29}{space 2} 185.8868{col 40}{space 1}    7.59{col 49}{space 3}0.000{col 57}{space 4}  1042.99{col 70}{space 3} 1778.952
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 1443.988{col 29}{space 2} 203.6303{col 40}{space 1}    7.09{col 49}{space 3}0.000{col 57}{space 4} 1040.881{col 70}{space 3} 1847.094
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 1257.162{col 29}{space 2} 220.4337{col 40}{space 1}    5.70{col 49}{space 3}0.000{col 57}{space 4} 820.7916{col 70}{space 3} 1693.533
{txt}{space 10}1971  {c |}{col 17}{res}{space 2} 1439.189{col 29}{space 2} 225.0923{col 40}{space 1}    6.39{col 49}{space 3}0.000{col 57}{space 4}  993.596{col 70}{space 3} 1884.781
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 1876.564{col 29}{space 2} 239.9331{col 40}{space 1}    7.82{col 49}{space 3}0.000{col 57}{space 4} 1401.593{col 70}{space 3} 2351.536
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 1844.012{col 29}{space 2} 275.5511{col 40}{space 1}    6.69{col 49}{space 3}0.000{col 57}{space 4} 1298.532{col 70}{space 3} 2389.493
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 1229.555{col 29}{space 2} 301.1272{col 40}{space 1}    4.08{col 49}{space 3}0.000{col 57}{space 4} 633.4433{col 70}{space 3} 1825.666
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} 1298.538{col 29}{space 2} 290.7445{col 40}{space 1}    4.47{col 49}{space 3}0.000{col 57}{space 4} 722.9799{col 70}{space 3} 1874.096
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} 1910.176{col 29}{space 2} 286.0942{col 40}{space 1}    6.68{col 49}{space 3}0.000{col 57}{space 4} 1343.824{col 70}{space 3} 2476.528
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} 1931.462{col 29}{space 2} 321.6609{col 40}{space 1}    6.00{col 49}{space 3}0.000{col 57}{space 4} 1294.702{col 70}{space 3} 2568.222
{txt}{space 10}1978  {c |}{col 17}{res}{space 2} 2150.115{col 29}{space 2} 347.7226{col 40}{space 1}    6.18{col 49}{space 3}0.000{col 57}{space 4} 1461.763{col 70}{space 3} 2838.466
{txt}{space 10}1979  {c |}{col 17}{res}{space 2} 1692.468{col 29}{space 2} 358.9397{col 40}{space 1}    4.72{col 49}{space 3}0.000{col 57}{space 4} 981.9114{col 70}{space 3} 2403.025
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 1509.028{col 29}{space 2} 346.7429{col 40}{space 1}    4.35{col 49}{space 3}0.000{col 57}{space 4}  822.616{col 70}{space 3}  2195.44
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}  580.801{col 29}{space 2} 291.3916{col 40}{space 1}    1.99{col 49}{space 3}0.048{col 57}{space 4} 3.962225{col 70}{space 3}  1157.64
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. 
. predict allstates4280incols
{txt}(option {bf:xb} assumed; fitted values)
(245 missing values generated)

{com}. 
. //Political Competition (PC) (5,4)
. 
. newey d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann  l4.d.klarnerranney l3.d.real_pc_inc_ann  i.state_fips i.year if year <=1980 &  newsouth==1, lag(6) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       170
{txt}maximum lag: {res}6{col 49}{txt}F( 47,       122){col 67}= {res}      7.27
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}  Newey-West
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.2425441{col 29}{space 2}  .072822{col 40}{space 1}   -3.33{col 49}{space 3}0.001{col 57}{space 4}-.3867025{col 70}{space 3}-.0983857
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0040187{col 29}{space 2} .0025614{col 40}{space 1}    1.57{col 49}{space 3}0.119{col 57}{space 4}-.0010518{col 70}{space 3} .0090893
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-.0160903{col 29}{space 2} .0672644{col 40}{space 1}   -0.24{col 49}{space 3}0.811{col 57}{space 4} -.149247{col 70}{space 3} .1170664
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} .0107606{col 29}{space 2} .0060627{col 40}{space 1}    1.77{col 49}{space 3}0.078{col 57}{space 4}-.0012411{col 70}{space 3} .0227623
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.2605798{col 29}{space 2} .1056107{col 40}{space 1}   -2.47{col 49}{space 3}0.015{col 57}{space 4}-.4696468{col 70}{space 3}-.0515129
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0037004{col 29}{space 2} .0039701{col 40}{space 1}    0.93{col 49}{space 3}0.353{col 57}{space 4}-.0041587{col 70}{space 3} .0115596
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}-.0630709{col 29}{space 2} .0799276{col 40}{space 1}   -0.79{col 49}{space 3}0.432{col 57}{space 4}-.2212956{col 70}{space 3} .0951539
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0004543{col 29}{space 2} .0034978{col 40}{space 1}   -0.13{col 49}{space 3}0.897{col 57}{space 4}-.0073784{col 70}{space 3} .0064699
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L4D. {c |}{col 17}{res}{space 2}-.0694176{col 29}{space 2} .0699089{col 40}{space 1}   -0.99{col 49}{space 3}0.323{col 57}{space 4}-.2078092{col 70}{space 3} .0689741
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0053389{col 29}{space 2} .0037223{col 40}{space 1}    1.43{col 49}{space 3}0.154{col 57}{space 4}-.0020297{col 70}{space 3} .0127076
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2}-.8541911{col 29}{space 2} 3.859184{col 40}{space 1}   -0.22{col 49}{space 3}0.825{col 57}{space 4}-8.493831{col 70}{space 3} 6.785449
{txt}{space 12}37  {c |}{col 17}{res}{space 2}  1.57466{col 29}{space 2} 3.847608{col 40}{space 1}    0.41{col 49}{space 3}0.683{col 57}{space 4}-6.042065{col 70}{space 3} 9.191385
{txt}{space 12}48  {c |}{col 17}{res}{space 2}-5.727737{col 29}{space 2} 2.909645{col 40}{space 1}   -1.97{col 49}{space 3}0.051{col 57}{space 4}-11.48767{col 70}{space 3} .0321965
{txt}{space 12}51  {c |}{col 17}{res}{space 2}-2.238223{col 29}{space 2} 2.304463{col 40}{space 1}   -0.97{col 49}{space 3}0.333{col 57}{space 4}-6.800138{col 70}{space 3} 2.323693
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2}-2.196199{col 29}{space 2} 3.673939{col 40}{space 1}   -0.60{col 49}{space 3}0.551{col 57}{space 4}-9.469128{col 70}{space 3} 5.076729
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-1.924466{col 29}{space 2} 5.140954{col 40}{space 1}   -0.37{col 49}{space 3}0.709{col 57}{space 4} -12.1015{col 70}{space 3} 8.252567
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}-4.835942{col 29}{space 2} 6.260072{col 40}{space 1}   -0.77{col 49}{space 3}0.441{col 57}{space 4}-17.22838{col 70}{space 3} 7.556495
{txt}{space 10}1951  {c |}{col 17}{res}{space 2}-7.401908{col 29}{space 2} 5.774051{col 40}{space 1}   -1.28{col 49}{space 3}0.202{col 57}{space 4}-18.83222{col 70}{space 3} 4.028403
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} -6.83842{col 29}{space 2} 5.267038{col 40}{space 1}   -1.30{col 49}{space 3}0.197{col 57}{space 4}-17.26505{col 70}{space 3} 3.588208
{txt}{space 10}1953  {c |}{col 17}{res}{space 2}-7.335212{col 29}{space 2} 5.247825{col 40}{space 1}   -1.40{col 49}{space 3}0.165{col 57}{space 4} -17.7238{col 70}{space 3} 3.053381
{txt}{space 10}1954  {c |}{col 17}{res}{space 2}-6.583813{col 29}{space 2} 4.603803{col 40}{space 1}   -1.43{col 49}{space 3}0.155{col 57}{space 4} -15.6975{col 70}{space 3} 2.529875
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}-10.38851{col 29}{space 2} 6.052152{col 40}{space 1}   -1.72{col 49}{space 3}0.089{col 57}{space 4}-22.36935{col 70}{space 3} 1.592325
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-11.52384{col 29}{space 2} 6.701725{col 40}{space 1}   -1.72{col 49}{space 3}0.088{col 57}{space 4}-24.79057{col 70}{space 3} 1.742897
{txt}{space 10}1957  {c |}{col 17}{res}{space 2}-6.623468{col 29}{space 2} 5.575113{col 40}{space 1}   -1.19{col 49}{space 3}0.237{col 57}{space 4}-17.65996{col 70}{space 3} 4.413025
{txt}{space 10}1958  {c |}{col 17}{res}{space 2}-8.914853{col 29}{space 2} 4.551756{col 40}{space 1}   -1.96{col 49}{space 3}0.052{col 57}{space 4}-17.92551{col 70}{space 3} .0958022
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-13.73259{col 29}{space 2} 6.610222{col 40}{space 1}   -2.08{col 49}{space 3}0.040{col 57}{space 4}-26.81819{col 70}{space 3}-.6469986
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-9.855844{col 29}{space 2} 6.321817{col 40}{space 1}   -1.56{col 49}{space 3}0.122{col 57}{space 4}-22.37051{col 70}{space 3} 2.658823
{txt}{space 10}1961  {c |}{col 17}{res}{space 2}-8.056197{col 29}{space 2}  6.33167{col 40}{space 1}   -1.27{col 49}{space 3}0.206{col 57}{space 4}-20.59037{col 70}{space 3} 4.477975
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}-13.50851{col 29}{space 2} 6.977922{col 40}{space 1}   -1.94{col 49}{space 3}0.055{col 57}{space 4}  -27.322{col 70}{space 3} .3049874
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} -9.24882{col 29}{space 2} 7.532285{col 40}{space 1}   -1.23{col 49}{space 3}0.222{col 57}{space 4}-24.15973{col 70}{space 3}  5.66209
{txt}{space 10}1964  {c |}{col 17}{res}{space 2}-12.65491{col 29}{space 2} 8.398183{col 40}{space 1}   -1.51{col 49}{space 3}0.134{col 57}{space 4}-29.27995{col 70}{space 3} 3.970129
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}-16.01794{col 29}{space 2} 9.294097{col 40}{space 1}   -1.72{col 49}{space 3}0.087{col 57}{space 4}-34.41653{col 70}{space 3} 2.380655
{txt}{space 10}1966  {c |}{col 17}{res}{space 2}-15.65093{col 29}{space 2}  9.51852{col 40}{space 1}   -1.64{col 49}{space 3}0.103{col 57}{space 4}-34.49379{col 70}{space 3} 3.191934
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} -4.20493{col 29}{space 2} 15.71077{col 40}{space 1}   -0.27{col 49}{space 3}0.789{col 57}{space 4}-35.30596{col 70}{space 3}  26.8961
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} -14.6522{col 29}{space 2} 10.87495{col 40}{space 1}   -1.35{col 49}{space 3}0.180{col 57}{space 4}-36.18024{col 70}{space 3} 6.875849
{txt}{space 10}1969  {c |}{col 17}{res}{space 2}-14.55203{col 29}{space 2} 11.76634{col 40}{space 1}   -1.24{col 49}{space 3}0.219{col 57}{space 4}-37.84467{col 70}{space 3} 8.740612
{txt}{space 10}1970  {c |}{col 17}{res}{space 2}-13.85353{col 29}{space 2} 11.46743{col 40}{space 1}   -1.21{col 49}{space 3}0.229{col 57}{space 4}-36.55445{col 70}{space 3}  8.84739
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}-21.66437{col 29}{space 2} 11.36985{col 40}{space 1}   -1.91{col 49}{space 3}0.059{col 57}{space 4}-44.17212{col 70}{space 3} .8433793
{txt}{space 10}1972  {c |}{col 17}{res}{space 2}-24.20411{col 29}{space 2} 13.16673{col 40}{space 1}   -1.84{col 49}{space 3}0.068{col 57}{space 4}-50.26897{col 70}{space 3} 1.860754
{txt}{space 10}1973  {c |}{col 17}{res}{space 2}-16.25556{col 29}{space 2} 13.64661{col 40}{space 1}   -1.19{col 49}{space 3}0.236{col 57}{space 4}-43.27039{col 70}{space 3} 10.75927
{txt}{space 10}1974  {c |}{col 17}{res}{space 2}-17.39154{col 29}{space 2} 13.08395{col 40}{space 1}   -1.33{col 49}{space 3}0.186{col 57}{space 4}-43.29252{col 70}{space 3} 8.509444
{txt}{space 10}1975  {c |}{col 17}{res}{space 2}-29.54057{col 29}{space 2} 17.19755{col 40}{space 1}   -1.72{col 49}{space 3}0.088{col 57}{space 4}-63.58485{col 70}{space 3} 4.503696
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-27.37383{col 29}{space 2}  15.8967{col 40}{space 1}   -1.72{col 49}{space 3}0.088{col 57}{space 4}-58.84293{col 70}{space 3} 4.095274
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}-29.75634{col 29}{space 2} 18.09217{col 40}{space 1}   -1.64{col 49}{space 3}0.103{col 57}{space 4} -65.5716{col 70}{space 3} 6.058929
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}-28.87627{col 29}{space 2} 17.39195{col 40}{space 1}   -1.66{col 49}{space 3}0.099{col 57}{space 4}-63.30537{col 70}{space 3} 5.552821
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}-26.13722{col 29}{space 2} 15.83024{col 40}{space 1}   -1.65{col 49}{space 3}0.101{col 57}{space 4}-57.47475{col 70}{space 3}  5.20032
{txt}{space 10}1980  {c |}{col 17}{res}{space 2}-20.10441{col 29}{space 2} 15.73674{col 40}{space 1}   -1.28{col 49}{space 3}0.204{col 57}{space 4}-51.25685{col 70}{space 3} 11.04803
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} -12.9779{col 29}{space 2} 13.83432{col 40}{space 1}   -0.94{col 49}{space 3}0.350{col 57}{space 4}-40.36431{col 70}{space 3} 14.40851
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. predict allstates4280pc
{txt}(option xb assumed; fitted values)
(245 missing values generated)

{com}. 
. //ols version
. 
. reg d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann  l4.d.klarnerranney l3.d.real_pc_inc_ann  i.state_fips i.year if year <=1980 &  newsouth==1

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       170
{txt}{hline 13}{c +}{hline 34}   F(47, 122)      = {res}     2.45
{txt}       Model {c |} {res} 4922.77627        47  104.739921   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res}  5210.1241       122  42.7059353   {txt}R-squared       ={res}    0.4858
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.2877
{txt}       Total {c |} {res} 10132.9004       169  59.9579904   {txt}Root MSE        =   {res}  6.535

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.2425441{col 29}{space 2} .0808726{col 40}{space 1}   -3.00{col 49}{space 3}0.003{col 57}{space 4}-.4026396{col 70}{space 3}-.0824486
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0040187{col 29}{space 2} .0033766{col 40}{space 1}    1.19{col 49}{space 3}0.236{col 57}{space 4}-.0026656{col 70}{space 3} .0107031
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-.0160903{col 29}{space 2} .1040108{col 40}{space 1}   -0.15{col 49}{space 3}0.877{col 57}{space 4}-.2219901{col 70}{space 3} .1898095
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} .0107606{col 29}{space 2}  .005531{col 40}{space 1}    1.95{col 49}{space 3}0.054{col 57}{space 4}-.0001886{col 70}{space 3} .0217099
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.2605798{col 29}{space 2} .1025382{col 40}{space 1}   -2.54{col 49}{space 3}0.012{col 57}{space 4}-.4635643{col 70}{space 3}-.0575953
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0037004{col 29}{space 2} .0053195{col 40}{space 1}    0.70{col 49}{space 3}0.488{col 57}{space 4}-.0068301{col 70}{space 3}  .014231
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}-.0630709{col 29}{space 2} .0959588{col 40}{space 1}   -0.66{col 49}{space 3}0.512{col 57}{space 4}-.2530308{col 70}{space 3} .1268891
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0004543{col 29}{space 2} .0052733{col 40}{space 1}   -0.09{col 49}{space 3}0.931{col 57}{space 4}-.0108933{col 70}{space 3} .0099848
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L4D. {c |}{col 17}{res}{space 2}-.0694176{col 29}{space 2} .0954872{col 40}{space 1}   -0.73{col 49}{space 3}0.469{col 57}{space 4}-.2584441{col 70}{space 3}  .119609
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0053389{col 29}{space 2} .0051751{col 40}{space 1}    1.03{col 49}{space 3}0.304{col 57}{space 4}-.0049056{col 70}{space 3} .0155835
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2}-.8541911{col 29}{space 2} 3.753913{col 40}{space 1}   -0.23{col 49}{space 3}0.820{col 57}{space 4}-8.285437{col 70}{space 3} 6.577055
{txt}{space 12}37  {c |}{col 17}{res}{space 2}  1.57466{col 29}{space 2} 4.678393{col 40}{space 1}    0.34{col 49}{space 3}0.737{col 57}{space 4}-7.686686{col 70}{space 3} 10.83601
{txt}{space 12}48  {c |}{col 17}{res}{space 2}-5.727737{col 29}{space 2} 2.143496{col 40}{space 1}   -2.67{col 49}{space 3}0.009{col 57}{space 4}   -9.971{col 70}{space 3}-1.484474
{txt}{space 12}51  {c |}{col 17}{res}{space 2}-2.238223{col 29}{space 2} 1.762677{col 40}{space 1}   -1.27{col 49}{space 3}0.207{col 57}{space 4}-5.727618{col 70}{space 3} 1.251173
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2}-2.196199{col 29}{space 2} 5.938555{col 40}{space 1}   -0.37{col 49}{space 3}0.712{col 57}{space 4}-13.95216{col 70}{space 3} 9.559763
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-1.924466{col 29}{space 2} 7.669444{col 40}{space 1}   -0.25{col 49}{space 3}0.802{col 57}{space 4} -17.1069{col 70}{space 3} 13.25797
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}-4.835942{col 29}{space 2} 8.054202{col 40}{space 1}   -0.60{col 49}{space 3}0.549{col 57}{space 4}-20.78004{col 70}{space 3} 11.10816
{txt}{space 10}1951  {c |}{col 17}{res}{space 2}-7.401908{col 29}{space 2} 6.896271{col 40}{space 1}   -1.07{col 49}{space 3}0.285{col 57}{space 4}-21.05377{col 70}{space 3}  6.24995
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} -6.83842{col 29}{space 2}  6.40376{col 40}{space 1}   -1.07{col 49}{space 3}0.288{col 57}{space 4} -19.5153{col 70}{space 3} 5.838462
{txt}{space 10}1953  {c |}{col 17}{res}{space 2}-7.335212{col 29}{space 2} 6.145118{col 40}{space 1}   -1.19{col 49}{space 3}0.235{col 57}{space 4}-19.50009{col 70}{space 3} 4.829663
{txt}{space 10}1954  {c |}{col 17}{res}{space 2}-6.583813{col 29}{space 2} 6.123639{col 40}{space 1}   -1.08{col 49}{space 3}0.284{col 57}{space 4}-18.70617{col 70}{space 3} 5.538541
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}-10.38851{col 29}{space 2} 7.066521{col 40}{space 1}   -1.47{col 49}{space 3}0.144{col 57}{space 4} -24.3774{col 70}{space 3} 3.600369
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-11.52384{col 29}{space 2}  7.79348{col 40}{space 1}   -1.48{col 49}{space 3}0.142{col 57}{space 4}-26.95181{col 70}{space 3} 3.904136
{txt}{space 10}1957  {c |}{col 17}{res}{space 2}-6.623468{col 29}{space 2} 7.046354{col 40}{space 1}   -0.94{col 49}{space 3}0.349{col 57}{space 4}-20.57243{col 70}{space 3} 7.325493
{txt}{space 10}1958  {c |}{col 17}{res}{space 2}-8.914853{col 29}{space 2} 6.144605{col 40}{space 1}   -1.45{col 49}{space 3}0.149{col 57}{space 4}-21.07871{col 70}{space 3} 3.249005
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-13.73259{col 29}{space 2} 7.592472{col 40}{space 1}   -1.81{col 49}{space 3}0.073{col 57}{space 4}-28.76265{col 70}{space 3} 1.297464
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-9.855844{col 29}{space 2} 8.186768{col 40}{space 1}   -1.20{col 49}{space 3}0.231{col 57}{space 4}-26.06237{col 70}{space 3}  6.35068
{txt}{space 10}1961  {c |}{col 17}{res}{space 2}-8.056197{col 29}{space 2} 7.816866{col 40}{space 1}   -1.03{col 49}{space 3}0.305{col 57}{space 4}-23.53046{col 70}{space 3} 7.418069
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}-13.50851{col 29}{space 2} 8.208273{col 40}{space 1}   -1.65{col 49}{space 3}0.102{col 57}{space 4} -29.7576{col 70}{space 3} 2.740592
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} -9.24882{col 29}{space 2} 9.093043{col 40}{space 1}   -1.02{col 49}{space 3}0.311{col 57}{space 4}-27.24941{col 70}{space 3} 8.751767
{txt}{space 10}1964  {c |}{col 17}{res}{space 2}-12.65491{col 29}{space 2} 9.749469{col 40}{space 1}   -1.30{col 49}{space 3}0.197{col 57}{space 4}-31.95496{col 70}{space 3} 6.645135
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}-16.01794{col 29}{space 2} 10.47133{col 40}{space 1}   -1.53{col 49}{space 3}0.129{col 57}{space 4}-36.74698{col 70}{space 3}   4.7111
{txt}{space 10}1966  {c |}{col 17}{res}{space 2}-15.65093{col 29}{space 2} 11.26197{col 40}{space 1}   -1.39{col 49}{space 3}0.167{col 57}{space 4}-37.94513{col 70}{space 3} 6.643276
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} -4.20493{col 29}{space 2} 12.00889{col 40}{space 1}   -0.35{col 49}{space 3}0.727{col 57}{space 4}-27.97772{col 70}{space 3} 19.56786
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} -14.6522{col 29}{space 2} 13.00854{col 40}{space 1}   -1.13{col 49}{space 3}0.262{col 57}{space 4}-40.40391{col 70}{space 3} 11.09951
{txt}{space 10}1969  {c |}{col 17}{res}{space 2}-14.55203{col 29}{space 2} 13.94878{col 40}{space 1}   -1.04{col 49}{space 3}0.299{col 57}{space 4}-42.16504{col 70}{space 3} 13.06098
{txt}{space 10}1970  {c |}{col 17}{res}{space 2}-13.85353{col 29}{space 2} 14.22794{col 40}{space 1}   -0.97{col 49}{space 3}0.332{col 57}{space 4}-42.01915{col 70}{space 3} 14.31209
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}-21.66437{col 29}{space 2} 14.79645{col 40}{space 1}   -1.46{col 49}{space 3}0.146{col 57}{space 4}-50.95542{col 70}{space 3} 7.626685
{txt}{space 10}1972  {c |}{col 17}{res}{space 2}-24.20411{col 29}{space 2} 16.89771{col 40}{space 1}   -1.43{col 49}{space 3}0.155{col 57}{space 4}-57.65481{col 70}{space 3} 9.246598
{txt}{space 10}1973  {c |}{col 17}{res}{space 2}-16.25556{col 29}{space 2} 18.74637{col 40}{space 1}   -0.87{col 49}{space 3}0.388{col 57}{space 4}-53.36587{col 70}{space 3} 20.85476
{txt}{space 10}1974  {c |}{col 17}{res}{space 2}-17.39154{col 29}{space 2} 17.99193{col 40}{space 1}   -0.97{col 49}{space 3}0.336{col 57}{space 4}-53.00835{col 70}{space 3} 18.22528
{txt}{space 10}1975  {c |}{col 17}{res}{space 2}-29.54057{col 29}{space 2} 17.21952{col 40}{space 1}   -1.72{col 49}{space 3}0.089{col 57}{space 4}-63.62834{col 70}{space 3} 4.547192
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-27.37383{col 29}{space 2} 19.28427{col 40}{space 1}   -1.42{col 49}{space 3}0.158{col 57}{space 4}-65.54897{col 70}{space 3} 10.80132
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}-29.75634{col 29}{space 2} 21.27108{col 40}{space 1}   -1.40{col 49}{space 3}0.164{col 57}{space 4}-71.86457{col 70}{space 3}  12.3519
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}-28.87627{col 29}{space 2} 21.95559{col 40}{space 1}   -1.32{col 49}{space 3}0.191{col 57}{space 4}-72.33956{col 70}{space 3} 14.58701
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}-26.13722{col 29}{space 2} 21.37171{col 40}{space 1}   -1.22{col 49}{space 3}0.224{col 57}{space 4}-68.44464{col 70}{space 3} 16.17021
{txt}{space 10}1980  {c |}{col 17}{res}{space 2}-20.10441{col 29}{space 2} 21.16417{col 40}{space 1}   -0.95{col 49}{space 3}0.344{col 57}{space 4}-62.00099{col 70}{space 3} 21.79218
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} -12.9779{col 29}{space 2} 17.89117{col 40}{space 1}   -0.73{col 49}{space 3}0.470{col 57}{space 4}-48.39525{col 70}{space 3} 22.43946
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. 
. predict allstates4280pcols
{txt}(option {bf:xb} assumed; fitted values)
(245 missing values generated)

{com}. 
. 
. //Reduce (4,3) to (5,4)
. 
. 
. newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney i.state_fips i.year if allstates4280inc!=. & year <=1980 &  newsouth==1, lag(6) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       170
{txt}maximum lag: {res}6{col 49}{txt}F( 45,       124){col 67}= {res}     99.57
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}{col 29}  Newey-West
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1990977{col 29}{space 2}  .073211{col 40}{space 1}   -2.72{col 49}{space 3}0.007{col 57}{space 4}-.3440028{col 70}{space 3}-.0541927
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} 4.054348{col 29}{space 2} 1.547117{col 40}{space 1}    2.62{col 49}{space 3}0.010{col 57}{space 4} .9921708{col 70}{space 3} 7.116526
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0990564{col 29}{space 2}  .154165{col 40}{space 1}    0.64{col 49}{space 3}0.522{col 57}{space 4}-.2060792{col 70}{space 3} .4041921
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} 2.714552{col 29}{space 2} 1.124303{col 40}{space 1}    2.41{col 49}{space 3}0.017{col 57}{space 4} .4892411{col 70}{space 3} 4.939863
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .1607613{col 29}{space 2} .0837704{col 40}{space 1}    1.92{col 49}{space 3}0.057{col 57}{space 4}-.0050438{col 70}{space 3} .3265665
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-1.219503{col 29}{space 2} 1.298973{col 40}{space 1}   -0.94{col 49}{space 3}0.350{col 57}{space 4}-3.790535{col 70}{space 3} 1.351529
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0914652{col 29}{space 2} .0741304{col 40}{space 1}    1.23{col 49}{space 3}0.220{col 57}{space 4}-.0552597{col 70}{space 3}   .23819
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} 1.214967{col 29}{space 2} 1.111698{col 40}{space 1}    1.09{col 49}{space 3}0.277{col 57}{space 4}-.9853944{col 70}{space 3} 3.415328
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2}-165.4762{col 29}{space 2} 74.70205{col 40}{space 1}   -2.22{col 49}{space 3}0.029{col 57}{space 4}-313.3325{col 70}{space 3}-17.61995
{txt}{space 12}37  {c |}{col 17}{res}{space 2}-250.6456{col 29}{space 2} 94.64337{col 40}{space 1}   -2.65{col 49}{space 3}0.009{col 57}{space 4}-437.9714{col 70}{space 3}-63.31991
{txt}{space 12}48  {c |}{col 17}{res}{space 2} 59.34893{col 29}{space 2} 40.33383{col 40}{space 1}    1.47{col 49}{space 3}0.144{col 57}{space 4}-20.48303{col 70}{space 3} 139.1809
{txt}{space 12}51  {c |}{col 17}{res}{space 2} 7.750863{col 29}{space 2} 35.91498{col 40}{space 1}    0.22{col 49}{space 3}0.829{col 57}{space 4}-63.33494{col 70}{space 3} 78.83666
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2} 539.1182{col 29}{space 2} 116.7241{col 40}{space 1}    4.62{col 49}{space 3}0.000{col 57}{space 4} 308.0886{col 70}{space 3} 770.1478
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}   586.71{col 29}{space 2} 141.3165{col 40}{space 1}    4.15{col 49}{space 3}0.000{col 57}{space 4} 307.0051{col 70}{space 3} 866.4149
{txt}{space 10}1950  {c |}{col 17}{res}{space 2} 818.7751{col 29}{space 2} 129.2793{col 40}{space 1}    6.33{col 49}{space 3}0.000{col 57}{space 4} 562.8952{col 70}{space 3} 1074.655
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} 570.6356{col 29}{space 2} 136.0846{col 40}{space 1}    4.19{col 49}{space 3}0.000{col 57}{space 4}  301.286{col 70}{space 3} 839.9851
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} 604.9653{col 29}{space 2} 106.5383{col 40}{space 1}    5.68{col 49}{space 3}0.000{col 57}{space 4} 394.0963{col 70}{space 3} 815.8344
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 614.6088{col 29}{space 2}  112.964{col 40}{space 1}    5.44{col 49}{space 3}0.000{col 57}{space 4} 391.0213{col 70}{space 3} 838.1963
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} 541.5349{col 29}{space 2} 108.3908{col 40}{space 1}    5.00{col 49}{space 3}0.000{col 57}{space 4} 326.9993{col 70}{space 3} 756.0706
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}  898.357{col 29}{space 2} 97.43133{col 40}{space 1}    9.22{col 49}{space 3}0.000{col 57}{space 4} 705.5131{col 70}{space 3} 1091.201
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} 828.0429{col 29}{space 2} 125.2288{col 40}{space 1}    6.61{col 49}{space 3}0.000{col 57}{space 4}   580.18{col 70}{space 3} 1075.906
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 520.5605{col 29}{space 2} 122.3229{col 40}{space 1}    4.26{col 49}{space 3}0.000{col 57}{space 4} 278.4492{col 70}{space 3} 762.6717
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} 613.0595{col 29}{space 2}  105.376{col 40}{space 1}    5.82{col 49}{space 3}0.000{col 57}{space 4} 404.4909{col 70}{space 3} 821.6281
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}  915.414{col 29}{space 2} 101.1534{col 40}{space 1}    9.05{col 49}{space 3}0.000{col 57}{space 4} 715.2031{col 70}{space 3} 1115.625
{txt}{space 10}1960  {c |}{col 17}{res}{space 2} 734.8971{col 29}{space 2} 115.8018{col 40}{space 1}    6.35{col 49}{space 3}0.000{col 57}{space 4} 505.6929{col 70}{space 3} 964.1013
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} 799.7553{col 29}{space 2} 106.9875{col 40}{space 1}    7.48{col 49}{space 3}0.000{col 57}{space 4} 587.9971{col 70}{space 3} 1011.514
{txt}{space 10}1962  {c |}{col 17}{res}{space 2} 937.6289{col 29}{space 2} 113.7368{col 40}{space 1}    8.24{col 49}{space 3}0.000{col 57}{space 4} 712.5119{col 70}{space 3} 1162.746
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 955.1754{col 29}{space 2} 127.0321{col 40}{space 1}    7.52{col 49}{space 3}0.000{col 57}{space 4} 703.7434{col 70}{space 3} 1206.607
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 1129.994{col 29}{space 2} 131.5784{col 40}{space 1}    8.59{col 49}{space 3}0.000{col 57}{space 4} 869.5636{col 70}{space 3} 1390.425
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}  1161.03{col 29}{space 2} 147.9603{col 40}{space 1}    7.85{col 49}{space 3}0.000{col 57}{space 4} 868.1747{col 70}{space 3} 1453.884
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} 1216.501{col 29}{space 2} 168.0347{col 40}{space 1}    7.24{col 49}{space 3}0.000{col 57}{space 4} 883.9131{col 70}{space 3} 1549.089
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 1254.252{col 29}{space 2} 181.7597{col 40}{space 1}    6.90{col 49}{space 3}0.000{col 57}{space 4}  894.499{col 70}{space 3} 1614.006
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 1351.232{col 29}{space 2} 203.3742{col 40}{space 1}    6.64{col 49}{space 3}0.000{col 57}{space 4} 948.6974{col 70}{space 3} 1753.766
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 1378.382{col 29}{space 2} 233.0065{col 40}{space 1}    5.92{col 49}{space 3}0.000{col 57}{space 4} 917.1973{col 70}{space 3} 1839.568
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 1197.782{col 29}{space 2} 250.6203{col 40}{space 1}    4.78{col 49}{space 3}0.000{col 57}{space 4} 701.7346{col 70}{space 3}  1693.83
{txt}{space 10}1971  {c |}{col 17}{res}{space 2} 1362.047{col 29}{space 2} 261.9676{col 40}{space 1}    5.20{col 49}{space 3}0.000{col 57}{space 4} 843.5392{col 70}{space 3} 1880.554
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 1794.921{col 29}{space 2} 282.1589{col 40}{space 1}    6.36{col 49}{space 3}0.000{col 57}{space 4}  1236.45{col 70}{space 3} 2353.392
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 1759.792{col 29}{space 2} 318.0057{col 40}{space 1}    5.53{col 49}{space 3}0.000{col 57}{space 4}  1130.37{col 70}{space 3} 2389.215
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 1113.252{col 29}{space 2} 337.5392{col 40}{space 1}    3.30{col 49}{space 3}0.001{col 57}{space 4} 445.1674{col 70}{space 3} 1781.337
{txt}{space 10}1975  {c |}{col 17}{res}{space 2}  1186.87{col 29}{space 2} 363.9801{col 40}{space 1}    3.26{col 49}{space 3}0.001{col 57}{space 4}  466.451{col 70}{space 3} 1907.288
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} 1832.316{col 29}{space 2}  336.819{col 40}{space 1}    5.44{col 49}{space 3}0.000{col 57}{space 4} 1165.657{col 70}{space 3} 2498.975
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} 1837.932{col 29}{space 2} 361.3771{col 40}{space 1}    5.09{col 49}{space 3}0.000{col 57}{space 4} 1122.666{col 70}{space 3} 2553.199
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}  1989.31{col 29}{space 2}  396.386{col 40}{space 1}    5.02{col 49}{space 3}0.000{col 57}{space 4} 1204.751{col 70}{space 3} 2773.869
{txt}{space 10}1979  {c |}{col 17}{res}{space 2} 1540.781{col 29}{space 2} 412.2896{col 40}{space 1}    3.74{col 49}{space 3}0.000{col 57}{space 4} 724.7447{col 70}{space 3} 2356.818
{txt}{space 10}1980  {c |}{col 17}{res}{space 2}   1396.8{col 29}{space 2} 436.6028{col 40}{space 1}    3.20{col 49}{space 3}0.002{col 57}{space 4} 532.6405{col 70}{space 3} 2260.959
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 546.3126{col 29}{space 2} 439.8405{col 40}{space 1}    1.24{col 49}{space 3}0.217{col 57}{space 4} -324.255{col 70}{space 3}  1416.88
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. reg d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney i.state_fips i.year if allstates4280incols!=. & year <=1980 &  newsouth==1

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       170
{txt}{hline 13}{c +}{hline 34}   F(45, 124)      = {res}    19.12
{txt}       Model {c |} {res} 9462208.97        45   210271.31   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 1363832.65       124  10998.6504   {txt}R-squared       ={res}    0.8740
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.8283
{txt}       Total {c |} {res} 10826041.6       169  64059.4179   {txt}Root MSE        =   {res} 104.87

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1990977{col 29}{space 2} .0507997{col 40}{space 1}   -3.92{col 49}{space 3}0.000{col 57}{space 4}-.2996447{col 70}{space 3}-.0985508
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} 4.054348{col 29}{space 2} 1.218862{col 40}{space 1}    3.33{col 49}{space 3}0.001{col 57}{space 4} 1.641878{col 70}{space 3} 6.466819
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0990564{col 29}{space 2} .0823959{col 40}{space 1}    1.20{col 49}{space 3}0.232{col 57}{space 4}-.0640281{col 70}{space 3}  .262141
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} 2.714552{col 29}{space 2} 1.427789{col 40}{space 1}    1.90{col 49}{space 3}0.060{col 57}{space 4}-.1114426{col 70}{space 3} 5.540547
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .1607613{col 29}{space 2} .0819845{col 40}{space 1}    1.96{col 49}{space 3}0.052{col 57}{space 4} -.001509{col 70}{space 3} .3230317
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-1.219503{col 29}{space 2} 1.462463{col 40}{space 1}   -0.83{col 49}{space 3}0.406{col 57}{space 4}-4.114127{col 70}{space 3} 1.675122
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0914652{col 29}{space 2} .0828991{col 40}{space 1}    1.10{col 49}{space 3}0.272{col 57}{space 4}-.0726154{col 70}{space 3} .2555458
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} 1.214967{col 29}{space 2} 1.461014{col 40}{space 1}    0.83{col 49}{space 3}0.407{col 57}{space 4}-1.676789{col 70}{space 3} 4.106722
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2}-165.4762{col 29}{space 2} 58.02047{col 40}{space 1}   -2.85{col 49}{space 3}0.005{col 57}{space 4} -280.315{col 70}{space 3}-50.63747
{txt}{space 12}37  {c |}{col 17}{res}{space 2}-250.6456{col 29}{space 2}    70.27{col 40}{space 1}   -3.57{col 49}{space 3}0.001{col 57}{space 4}-389.7297{col 70}{space 3}-111.5616
{txt}{space 12}48  {c |}{col 17}{res}{space 2} 59.34893{col 29}{space 2} 34.81448{col 40}{space 1}    1.70{col 49}{space 3}0.091{col 57}{space 4}-9.558687{col 70}{space 3} 128.2565
{txt}{space 12}51  {c |}{col 17}{res}{space 2} 7.750863{col 29}{space 2} 28.16476{col 40}{space 1}    0.28{col 49}{space 3}0.784{col 57}{space 4}-47.99508{col 70}{space 3} 63.49681
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2} 539.1182{col 29}{space 2} 81.88419{col 40}{space 1}    6.58{col 49}{space 3}0.000{col 57}{space 4} 377.0465{col 70}{space 3}   701.19
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}   586.71{col 29}{space 2} 110.6963{col 40}{space 1}    5.30{col 49}{space 3}0.000{col 57}{space 4}  367.611{col 70}{space 3}  805.809
{txt}{space 10}1950  {c |}{col 17}{res}{space 2} 818.7751{col 29}{space 2} 104.9242{col 40}{space 1}    7.80{col 49}{space 3}0.000{col 57}{space 4} 611.1008{col 70}{space 3} 1026.449
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} 570.6356{col 29}{space 2} 96.06215{col 40}{space 1}    5.94{col 49}{space 3}0.000{col 57}{space 4} 380.5017{col 70}{space 3} 760.7695
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} 604.9653{col 29}{space 2} 85.50246{col 40}{space 1}    7.08{col 49}{space 3}0.000{col 57}{space 4}  435.732{col 70}{space 3} 774.1987
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 614.6088{col 29}{space 2} 80.73485{col 40}{space 1}    7.61{col 49}{space 3}0.000{col 57}{space 4} 454.8119{col 70}{space 3} 774.4057
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} 541.5349{col 29}{space 2}  84.9731{col 40}{space 1}    6.37{col 49}{space 3}0.000{col 57}{space 4} 373.3494{col 70}{space 3} 709.7205
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}  898.357{col 29}{space 2} 80.20826{col 40}{space 1}   11.20{col 49}{space 3}0.000{col 57}{space 4} 739.6024{col 70}{space 3} 1057.112
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} 828.0429{col 29}{space 2} 101.1092{col 40}{space 1}    8.19{col 49}{space 3}0.000{col 57}{space 4} 627.9196{col 70}{space 3} 1028.166
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 520.5605{col 29}{space 2} 102.8539{col 40}{space 1}    5.06{col 49}{space 3}0.000{col 57}{space 4} 316.9838{col 70}{space 3} 724.1371
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} 613.0595{col 29}{space 2} 82.47124{col 40}{space 1}    7.43{col 49}{space 3}0.000{col 57}{space 4} 449.8258{col 70}{space 3} 776.2931
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}  915.414{col 29}{space 2} 91.87841{col 40}{space 1}    9.96{col 49}{space 3}0.000{col 57}{space 4} 733.5609{col 70}{space 3} 1097.267
{txt}{space 10}1960  {c |}{col 17}{res}{space 2} 734.8971{col 29}{space 2} 114.2726{col 40}{space 1}    6.43{col 49}{space 3}0.000{col 57}{space 4} 508.7197{col 70}{space 3} 961.0745
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} 799.7553{col 29}{space 2} 103.2943{col 40}{space 1}    7.74{col 49}{space 3}0.000{col 57}{space 4} 595.3069{col 70}{space 3} 1004.204
{txt}{space 10}1962  {c |}{col 17}{res}{space 2} 937.6289{col 29}{space 2} 102.8093{col 40}{space 1}    9.12{col 49}{space 3}0.000{col 57}{space 4} 734.1405{col 70}{space 3} 1141.117
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 955.1754{col 29}{space 2} 118.4329{col 40}{space 1}    8.07{col 49}{space 3}0.000{col 57}{space 4} 720.7635{col 70}{space 3} 1189.587
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 1129.994{col 29}{space 2} 120.2527{col 40}{space 1}    9.40{col 49}{space 3}0.000{col 57}{space 4} 891.9803{col 70}{space 3} 1368.008
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}  1161.03{col 29}{space 2}  133.745{col 40}{space 1}    8.68{col 49}{space 3}0.000{col 57}{space 4} 896.3107{col 70}{space 3} 1425.748
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} 1216.501{col 29}{space 2} 145.4455{col 40}{space 1}    8.36{col 49}{space 3}0.000{col 57}{space 4} 928.6235{col 70}{space 3} 1504.378
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 1254.252{col 29}{space 2}  156.404{col 40}{space 1}    8.02{col 49}{space 3}0.000{col 57}{space 4} 944.6851{col 70}{space 3}  1563.82
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 1351.232{col 29}{space 2} 171.0084{col 40}{space 1}    7.90{col 49}{space 3}0.000{col 57}{space 4} 1012.758{col 70}{space 3} 1689.705
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 1378.382{col 29}{space 2}  187.523{col 40}{space 1}    7.35{col 49}{space 3}0.000{col 57}{space 4} 1007.222{col 70}{space 3} 1749.543
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 1197.782{col 29}{space 2} 200.5695{col 40}{space 1}    5.97{col 49}{space 3}0.000{col 57}{space 4} 800.7992{col 70}{space 3} 1594.765
{txt}{space 10}1971  {c |}{col 17}{res}{space 2} 1362.047{col 29}{space 2} 204.8245{col 40}{space 1}    6.65{col 49}{space 3}0.000{col 57}{space 4} 956.6414{col 70}{space 3} 1767.452
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 1794.921{col 29}{space 2} 220.8425{col 40}{space 1}    8.13{col 49}{space 3}0.000{col 57}{space 4} 1357.812{col 70}{space 3}  2232.03
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 1759.792{col 29}{space 2} 256.8061{col 40}{space 1}    6.85{col 49}{space 3}0.000{col 57}{space 4} 1251.501{col 70}{space 3} 2268.084
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 1113.252{col 29}{space 2} 271.8065{col 40}{space 1}    4.10{col 49}{space 3}0.000{col 57}{space 4} 575.2708{col 70}{space 3} 1651.233
{txt}{space 10}1975  {c |}{col 17}{res}{space 2}  1186.87{col 29}{space 2} 257.6689{col 40}{space 1}    4.61{col 49}{space 3}0.000{col 57}{space 4} 676.8707{col 70}{space 3} 1696.869
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} 1832.316{col 29}{space 2} 263.7229{col 40}{space 1}    6.95{col 49}{space 3}0.000{col 57}{space 4} 1310.334{col 70}{space 3} 2354.297
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} 1837.932{col 29}{space 2} 301.4904{col 40}{space 1}    6.10{col 49}{space 3}0.000{col 57}{space 4} 1241.198{col 70}{space 3} 2434.666
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}  1989.31{col 29}{space 2} 306.4781{col 40}{space 1}    6.49{col 49}{space 3}0.000{col 57}{space 4} 1382.704{col 70}{space 3} 2595.916
{txt}{space 10}1979  {c |}{col 17}{res}{space 2} 1540.781{col 29}{space 2} 314.8394{col 40}{space 1}    4.89{col 49}{space 3}0.000{col 57}{space 4} 917.6258{col 70}{space 3} 2163.937
{txt}{space 10}1980  {c |}{col 17}{res}{space 2}   1396.8{col 29}{space 2} 315.6744{col 40}{space 1}    4.42{col 49}{space 3}0.000{col 57}{space 4} 771.9917{col 70}{space 3} 2021.608
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 546.3126{col 29}{space 2} 278.1131{col 40}{space 1}    1.96{col 49}{space 3}0.052{col 57}{space 4}-4.151028{col 70}{space 3} 1096.776
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. 
. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       170{col 27}-1181.461{col 38} -1005.37{col 49}    46{col 58} 2102.741{col 69} 2246.988
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. newey d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann i.state_fips i.year if allstates4280pc!=. & year <=1980 &  newsouth==1, lag(6) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       170
{txt}maximum lag: {res}6{col 49}{txt}F( 45,       124){col 67}= {res}      7.27
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}  Newey-West
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.2619427{col 29}{space 2} .0741138{col 40}{space 1}   -3.53{col 49}{space 3}0.001{col 57}{space 4}-.4086348{col 70}{space 3}-.1152507
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0053049{col 29}{space 2} .0023341{col 40}{space 1}    2.27{col 49}{space 3}0.025{col 57}{space 4}  .000685{col 70}{space 3} .0099247
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0046698{col 29}{space 2} .0666451{col 40}{space 1}    0.07{col 49}{space 3}0.944{col 57}{space 4}-.1272394{col 70}{space 3} .1365791
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} .0112302{col 29}{space 2} .0060693{col 40}{space 1}    1.85{col 49}{space 3}0.067{col 57}{space 4}-.0007826{col 70}{space 3}  .023243
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} -.226333{col 29}{space 2} .1020963{col 40}{space 1}   -2.22{col 49}{space 3}0.028{col 57}{space 4}-.4284101{col 70}{space 3}-.0242559
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0027982{col 29}{space 2} .0040126{col 40}{space 1}    0.70{col 49}{space 3}0.487{col 57}{space 4}-.0051438{col 70}{space 3} .0107402
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}-.0415544{col 29}{space 2} .0835305{col 40}{space 1}   -0.50{col 49}{space 3}0.620{col 57}{space 4}-.2068847{col 70}{space 3}  .123776
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0013397{col 29}{space 2} .0034732{col 40}{space 1}   -0.39{col 49}{space 3}0.700{col 57}{space 4}-.0082141{col 70}{space 3} .0055347
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2} .5159822{col 29}{space 2} 3.359412{col 40}{space 1}    0.15{col 49}{space 3}0.878{col 57}{space 4}-6.133235{col 70}{space 3} 7.165199
{txt}{space 12}37  {c |}{col 17}{res}{space 2} 3.452517{col 29}{space 2} 3.457521{col 40}{space 1}    1.00{col 49}{space 3}0.320{col 57}{space 4}-3.390885{col 70}{space 3} 10.29592
{txt}{space 12}48  {c |}{col 17}{res}{space 2} -5.66493{col 29}{space 2} 2.807759{col 40}{space 1}   -2.02{col 49}{space 3}0.046{col 57}{space 4}-11.22227{col 70}{space 3}-.1075873
{txt}{space 12}51  {c |}{col 17}{res}{space 2}-1.740473{col 29}{space 2} 2.189461{col 40}{space 1}   -0.79{col 49}{space 3}0.428{col 57}{space 4} -6.07403{col 70}{space 3} 2.593084
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2}-3.851125{col 29}{space 2} 3.621672{col 40}{space 1}   -1.06{col 49}{space 3}0.290{col 57}{space 4}-11.01943{col 70}{space 3} 3.317177
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-6.023503{col 29}{space 2} 4.644227{col 40}{space 1}   -1.30{col 49}{space 3}0.197{col 57}{space 4}-15.21573{col 70}{space 3} 3.168724
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}-9.071828{col 29}{space 2} 6.128919{col 40}{space 1}   -1.48{col 49}{space 3}0.141{col 57}{space 4}-21.20268{col 70}{space 3}  3.05902
{txt}{space 10}1951  {c |}{col 17}{res}{space 2}-8.918903{col 29}{space 2} 5.693738{col 40}{space 1}   -1.57{col 49}{space 3}0.120{col 57}{space 4} -20.1884{col 70}{space 3}   2.3506
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}-8.364514{col 29}{space 2} 5.267269{col 40}{space 1}   -1.59{col 49}{space 3}0.115{col 57}{space 4}-18.78991{col 70}{space 3} 2.060886
{txt}{space 10}1953  {c |}{col 17}{res}{space 2}-7.677318{col 29}{space 2}  5.23707{col 40}{space 1}   -1.47{col 49}{space 3}0.145{col 57}{space 4}-18.04295{col 70}{space 3} 2.688311
{txt}{space 10}1954  {c |}{col 17}{res}{space 2}-8.332725{col 29}{space 2}  4.46116{col 40}{space 1}   -1.87{col 49}{space 3}0.064{col 57}{space 4}-17.16261{col 70}{space 3} .4971609
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}-12.28085{col 29}{space 2} 6.043761{col 40}{space 1}   -2.03{col 49}{space 3}0.044{col 57}{space 4}-24.24315{col 70}{space 3}-.3185553
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-13.74128{col 29}{space 2} 6.388909{col 40}{space 1}   -2.15{col 49}{space 3}0.033{col 57}{space 4}-26.38672{col 70}{space 3} -1.09584
{txt}{space 10}1957  {c |}{col 17}{res}{space 2}-9.477184{col 29}{space 2} 4.841511{col 40}{space 1}   -1.96{col 49}{space 3}0.053{col 57}{space 4}-19.05989{col 70}{space 3} .1055223
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} -10.1356{col 29}{space 2} 4.301503{col 40}{space 1}   -2.36{col 49}{space 3}0.020{col 57}{space 4}-18.64948{col 70}{space 3}-1.621722
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-15.95958{col 29}{space 2} 6.352211{col 40}{space 1}   -2.51{col 49}{space 3}0.013{col 57}{space 4}-28.53239{col 70}{space 3}-3.386776
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-13.72582{col 29}{space 2} 5.494432{col 40}{space 1}   -2.50{col 49}{space 3}0.014{col 57}{space 4}-24.60084{col 70}{space 3}-2.850803
{txt}{space 10}1961  {c |}{col 17}{res}{space 2}-11.52468{col 29}{space 2} 5.680146{col 40}{space 1}   -2.03{col 49}{space 3}0.045{col 57}{space 4}-22.76728{col 70}{space 3}-.2820852
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}  -15.934{col 29}{space 2}  6.58338{col 40}{space 1}   -2.42{col 49}{space 3}0.017{col 57}{space 4}-28.96435{col 70}{space 3}-2.903647
{txt}{space 10}1963  {c |}{col 17}{res}{space 2}-12.87388{col 29}{space 2} 6.949273{col 40}{space 1}   -1.85{col 49}{space 3}0.066{col 57}{space 4}-26.62844{col 70}{space 3} .8806793
{txt}{space 10}1964  {c |}{col 17}{res}{space 2}-16.21705{col 29}{space 2} 7.970593{col 40}{space 1}   -2.03{col 49}{space 3}0.044{col 57}{space 4}-31.99309{col 70}{space 3}-.4410187
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}-19.51805{col 29}{space 2}   8.7512{col 40}{space 1}   -2.23{col 49}{space 3}0.028{col 57}{space 4}-36.83913{col 70}{space 3}-2.196976
{txt}{space 10}1966  {c |}{col 17}{res}{space 2}-19.30272{col 29}{space 2} 8.993623{col 40}{space 1}   -2.15{col 49}{space 3}0.034{col 57}{space 4}-37.10362{col 70}{space 3}-1.501824
{txt}{space 10}1967  {c |}{col 17}{res}{space 2}-7.652225{col 29}{space 2} 14.67204{col 40}{space 1}   -0.52{col 49}{space 3}0.603{col 57}{space 4}-36.69231{col 70}{space 3} 21.38786
{txt}{space 10}1968  {c |}{col 17}{res}{space 2}-18.59176{col 29}{space 2} 10.05857{col 40}{space 1}   -1.85{col 49}{space 3}0.067{col 57}{space 4}-38.50049{col 70}{space 3} 1.316962
{txt}{space 10}1969  {c |}{col 17}{res}{space 2}-18.94944{col 29}{space 2} 10.74017{col 40}{space 1}   -1.76{col 49}{space 3}0.080{col 57}{space 4}-40.20724{col 70}{space 3} 2.308353
{txt}{space 10}1970  {c |}{col 17}{res}{space 2}-18.49086{col 29}{space 2} 10.43703{col 40}{space 1}   -1.77{col 49}{space 3}0.079{col 57}{space 4}-39.14868{col 70}{space 3}  2.16695
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}-27.19996{col 29}{space 2} 10.18167{col 40}{space 1}   -2.67{col 49}{space 3}0.009{col 57}{space 4}-47.35233{col 70}{space 3}-7.047589
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} -29.4996{col 29}{space 2} 12.17636{col 40}{space 1}   -2.42{col 49}{space 3}0.017{col 57}{space 4}-53.60003{col 70}{space 3}-5.399168
{txt}{space 10}1973  {c |}{col 17}{res}{space 2}-23.01017{col 29}{space 2} 12.42234{col 40}{space 1}   -1.85{col 49}{space 3}0.066{col 57}{space 4}-47.59745{col 70}{space 3} 1.577116
{txt}{space 10}1974  {c |}{col 17}{res}{space 2}-23.88272{col 29}{space 2} 11.28387{col 40}{space 1}   -2.12{col 49}{space 3}0.036{col 57}{space 4}-46.21665{col 70}{space 3}-1.548787
{txt}{space 10}1975  {c |}{col 17}{res}{space 2}-34.38709{col 29}{space 2} 15.45827{col 40}{space 1}   -2.22{col 49}{space 3}0.028{col 57}{space 4}-64.98334{col 70}{space 3}-3.790841
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-33.62418{col 29}{space 2} 14.52201{col 40}{space 1}   -2.32{col 49}{space 3}0.022{col 57}{space 4} -62.3673{col 70}{space 3}-4.881064
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} -39.8827{col 29}{space 2} 15.25589{col 40}{space 1}   -2.61{col 49}{space 3}0.010{col 57}{space 4}-70.07837{col 70}{space 3}-9.687027
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}-38.28048{col 29}{space 2} 15.04996{col 40}{space 1}   -2.54{col 49}{space 3}0.012{col 57}{space 4}-68.06857{col 70}{space 3}-8.492397
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}-32.21252{col 29}{space 2} 14.25122{col 40}{space 1}   -2.26{col 49}{space 3}0.026{col 57}{space 4}-60.41967{col 70}{space 3}-4.005363
{txt}{space 10}1980  {c |}{col 17}{res}{space 2}-27.94698{col 29}{space 2}  13.9337{col 40}{space 1}   -2.01{col 49}{space 3}0.047{col 57}{space 4}-55.52567{col 70}{space 3}-.3682935
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-17.95711{col 29}{space 2}  13.1578{col 40}{space 1}   -1.36{col 49}{space 3}0.175{col 57}{space 4} -44.0001{col 70}{space 3} 8.085867
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. reg d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann i.state_fips i.year if allstates4280pcols!=. & year <=1980 &  newsouth==1

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       170
{txt}{hline 13}{c +}{hline 34}   F(45, 124)      = {res}     2.54
{txt}       Model {c |} {res} 4856.86415        45  107.930315   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 5276.03622       124  42.5486792   {txt}R-squared       ={res}    0.4793
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.2904
{txt}       Total {c |} {res} 10132.9004       169  59.9579904   {txt}Root MSE        =   {res} 6.5229

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.2619427{col 29}{space 2} .0779887{col 40}{space 1}   -3.36{col 49}{space 3}0.001{col 57}{space 4}-.4163042{col 70}{space 3}-.1075813
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0053049{col 29}{space 2} .0031868{col 40}{space 1}    1.66{col 49}{space 3}0.099{col 57}{space 4}-.0010027{col 70}{space 3} .0116124
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0046698{col 29}{space 2} .1004671{col 40}{space 1}    0.05{col 49}{space 3}0.963{col 57}{space 4}-.1941827{col 70}{space 3} .2035223
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} .0112302{col 29}{space 2} .0054804{col 40}{space 1}    2.05{col 49}{space 3}0.043{col 57}{space 4}  .000383{col 70}{space 3} .0220775
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} -.226333{col 29}{space 2} .0915733{col 40}{space 1}   -2.47{col 49}{space 3}0.015{col 57}{space 4}-.4075823{col 70}{space 3}-.0450838
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0027982{col 29}{space 2} .0052237{col 40}{space 1}    0.54{col 49}{space 3}0.593{col 57}{space 4} -.007541{col 70}{space 3} .0131375
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}-.0415544{col 29}{space 2} .0921287{col 40}{space 1}   -0.45{col 49}{space 3}0.653{col 57}{space 4}-.2239029{col 70}{space 3} .1407942
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0013397{col 29}{space 2} .0051748{col 40}{space 1}   -0.26{col 49}{space 3}0.796{col 57}{space 4} -.011582{col 70}{space 3} .0089026
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2} .5159822{col 29}{space 2} 3.544795{col 40}{space 1}    0.15{col 49}{space 3}0.885{col 57}{space 4}-6.500159{col 70}{space 3} 7.532124
{txt}{space 12}37  {c |}{col 17}{res}{space 2} 3.452517{col 29}{space 2} 4.402535{col 40}{space 1}    0.78{col 49}{space 3}0.434{col 57}{space 4}-5.261333{col 70}{space 3} 12.16637
{txt}{space 12}48  {c |}{col 17}{res}{space 2} -5.66493{col 29}{space 2} 2.126423{col 40}{space 1}   -2.66{col 49}{space 3}0.009{col 57}{space 4}-9.873716{col 70}{space 3}-1.456144
{txt}{space 12}51  {c |}{col 17}{res}{space 2}-1.740473{col 29}{space 2} 1.712842{col 40}{space 1}   -1.02{col 49}{space 3}0.312{col 57}{space 4}-5.130666{col 70}{space 3} 1.649721
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2}-3.851125{col 29}{space 2} 5.747842{col 40}{space 1}   -0.67{col 49}{space 3}0.504{col 57}{space 4}-15.22772{col 70}{space 3} 7.525464
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-6.023503{col 29}{space 2} 6.458361{col 40}{space 1}   -0.93{col 49}{space 3}0.353{col 57}{space 4}-18.80641{col 70}{space 3} 6.759402
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}-9.071828{col 29}{space 2} 6.511768{col 40}{space 1}   -1.39{col 49}{space 3}0.166{col 57}{space 4}-21.96044{col 70}{space 3} 3.816784
{txt}{space 10}1951  {c |}{col 17}{res}{space 2}-8.918903{col 29}{space 2} 6.460245{col 40}{space 1}   -1.38{col 49}{space 3}0.170{col 57}{space 4}-21.70554{col 70}{space 3} 3.867733
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}-8.364514{col 29}{space 2}  5.92917{col 40}{space 1}   -1.41{col 49}{space 3}0.161{col 57}{space 4}    -20.1{col 70}{space 3} 3.370974
{txt}{space 10}1953  {c |}{col 17}{res}{space 2}-7.677318{col 29}{space 2} 6.031299{col 40}{space 1}   -1.27{col 49}{space 3}0.205{col 57}{space 4}-19.61495{col 70}{space 3} 4.260312
{txt}{space 10}1954  {c |}{col 17}{res}{space 2}-8.332725{col 29}{space 2} 5.689777{col 40}{space 1}   -1.46{col 49}{space 3}0.146{col 57}{space 4}-19.59439{col 70}{space 3} 2.928938
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}-12.28085{col 29}{space 2} 6.675167{col 40}{space 1}   -1.84{col 49}{space 3}0.068{col 57}{space 4}-25.49288{col 70}{space 3} .9311728
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-13.74128{col 29}{space 2} 7.311372{col 40}{space 1}   -1.88{col 49}{space 3}0.063{col 57}{space 4}-28.21253{col 70}{space 3} .7299722
{txt}{space 10}1957  {c |}{col 17}{res}{space 2}-9.477184{col 29}{space 2} 6.242122{col 40}{space 1}   -1.52{col 49}{space 3}0.131{col 57}{space 4}-21.83209{col 70}{space 3} 2.877724
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} -10.1356{col 29}{space 2} 5.939915{col 40}{space 1}   -1.71{col 49}{space 3}0.090{col 57}{space 4}-21.89236{col 70}{space 3} 1.621154
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-15.95958{col 29}{space 2} 7.199344{col 40}{space 1}   -2.22{col 49}{space 3}0.028{col 57}{space 4} -30.2091{col 70}{space 3}-1.710063
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-13.72582{col 29}{space 2} 7.082943{col 40}{space 1}   -1.94{col 49}{space 3}0.055{col 57}{space 4}-27.74495{col 70}{space 3} .2933053
{txt}{space 10}1961  {c |}{col 17}{res}{space 2}-11.52468{col 29}{space 2} 6.872996{col 40}{space 1}   -1.68{col 49}{space 3}0.096{col 57}{space 4}-25.12827{col 70}{space 3}   2.0789
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}  -15.934{col 29}{space 2} 7.757627{col 40}{space 1}   -2.05{col 49}{space 3}0.042{col 57}{space 4}-31.28852{col 70}{space 3}-.5794828
{txt}{space 10}1963  {c |}{col 17}{res}{space 2}-12.87388{col 29}{space 2} 8.151638{col 40}{space 1}   -1.58{col 49}{space 3}0.117{col 57}{space 4}-29.00825{col 70}{space 3} 3.260497
{txt}{space 10}1964  {c |}{col 17}{res}{space 2}-16.21705{col 29}{space 2} 8.944811{col 40}{space 1}   -1.81{col 49}{space 3}0.072{col 57}{space 4}-33.92134{col 70}{space 3} 1.487233
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}-19.51805{col 29}{space 2} 9.824461{col 40}{space 1}   -1.99{col 49}{space 3}0.049{col 57}{space 4}-38.96341{col 70}{space 3}-.0726901
{txt}{space 10}1966  {c |}{col 17}{res}{space 2}-19.30272{col 29}{space 2} 10.50814{col 40}{space 1}   -1.84{col 49}{space 3}0.069{col 57}{space 4}-40.10128{col 70}{space 3} 1.495836
{txt}{space 10}1967  {c |}{col 17}{res}{space 2}-7.652225{col 29}{space 2} 11.45122{col 40}{space 1}   -0.67{col 49}{space 3}0.505{col 57}{space 4} -30.3174{col 70}{space 3} 15.01295
{txt}{space 10}1968  {c |}{col 17}{res}{space 2}-18.59176{col 29}{space 2} 12.36193{col 40}{space 1}   -1.50{col 49}{space 3}0.135{col 57}{space 4}-43.05949{col 70}{space 3} 5.875967
{txt}{space 10}1969  {c |}{col 17}{res}{space 2}-18.94944{col 29}{space 2} 13.23671{col 40}{space 1}   -1.43{col 49}{space 3}0.155{col 57}{space 4} -45.1486{col 70}{space 3} 7.249713
{txt}{space 10}1970  {c |}{col 17}{res}{space 2}-18.49086{col 29}{space 2} 13.46373{col 40}{space 1}   -1.37{col 49}{space 3}0.172{col 57}{space 4}-45.13936{col 70}{space 3} 8.157637
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}-27.19996{col 29}{space 2} 13.98583{col 40}{space 1}   -1.94{col 49}{space 3}0.054{col 57}{space 4}-54.88184{col 70}{space 3} .4819146
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} -29.4996{col 29}{space 2} 16.05593{col 40}{space 1}   -1.84{col 49}{space 3}0.069{col 57}{space 4}-61.27878{col 70}{space 3} 2.279589
{txt}{space 10}1973  {c |}{col 17}{res}{space 2}-23.01017{col 29}{space 2} 17.34861{col 40}{space 1}   -1.33{col 49}{space 3}0.187{col 57}{space 4}-57.34793{col 70}{space 3}  11.3276
{txt}{space 10}1974  {c |}{col 17}{res}{space 2}-23.88272{col 29}{space 2} 16.73446{col 40}{space 1}   -1.43{col 49}{space 3}0.156{col 57}{space 4}-57.00489{col 70}{space 3} 9.239458
{txt}{space 10}1975  {c |}{col 17}{res}{space 2}-34.38709{col 29}{space 2} 16.53175{col 40}{space 1}   -2.08{col 49}{space 3}0.040{col 57}{space 4}-67.10806{col 70}{space 3}-1.666128
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-33.62418{col 29}{space 2} 18.38221{col 40}{space 1}   -1.83{col 49}{space 3}0.070{col 57}{space 4}-70.00773{col 70}{space 3} 2.759368
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} -39.8827{col 29}{space 2} 19.02253{col 40}{space 1}   -2.10{col 49}{space 3}0.038{col 57}{space 4}-77.53361{col 70}{space 3}-2.231786
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}-38.28048{col 29}{space 2} 19.75837{col 40}{space 1}   -1.94{col 49}{space 3}0.055{col 57}{space 4}-77.38783{col 70}{space 3} .8268667
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}-32.21252{col 29}{space 2} 20.15007{col 40}{space 1}   -1.60{col 49}{space 3}0.112{col 57}{space 4}-72.09515{col 70}{space 3} 7.670116
{txt}{space 10}1980  {c |}{col 17}{res}{space 2}-27.94698{col 29}{space 2} 19.76347{col 40}{space 1}   -1.41{col 49}{space 3}0.160{col 57}{space 4}-67.06443{col 70}{space 3} 11.17047
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-17.95711{col 29}{space 2} 17.39939{col 40}{space 1}   -1.03{col 49}{space 3}0.304{col 57}{space 4}-52.39537{col 70}{space 3} 16.48115
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. 
. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       170{col 27}-588.6778{col 38}-533.2058{col 49}    46{col 58} 1158.412{col 69} 1302.658
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. //inc
. qui newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney  l4.d.real_pc_inc_ann l3.d.klarnerranney  i.state_fips i.year if year <=1980 &  newsouth==1, lag(6) force
{txt}
{com}. 
. *** 2.D.a: TEST OF REAL_PC_INC_ANN*
. test  l4.d.real_pc_inc_ann =  l3.d.klarnerranney = 0

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L4D.real_pc_inc_ann - L3D.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 2)}{space 1} L4D.real_pc_inc_ann = 0{p_end}

{txt}       F(  2,   122) ={res}    0.89
{txt}{col 13}Prob > F ={res}    0.4122
{txt}
{com}. 
. //pc 
. qui newey d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann  l4.d.klarnerranney l3.d.real_pc_inc_ann  i.state_fips i.year if year <=1980 &  newsouth==1, lag(6) force
{txt}
{com}. 
. *** 2.D.b: TEST OF 4YR RANNEY MODEL*
. test l4.d.klarnerranney = l3.d.real_pc_inc_ann = 0

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L4D.klarnerranney - L3D.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 2)}{space 1} L4D.klarnerranney = 0{p_end}

{txt}       F(  2,   122) ={res}    1.28
{txt}{col 13}Prob > F ={res}    0.2816
{txt}
{com}. 
. 
. 
. //Reduce (1,1) to (5,4)
. 
. 
. //Income (1,1) Reduced to (5,4)
. newey d.real_pc_inc_ann l.real_pc_inc_ann l.klarnerranney d.klarnerranney i.state_fips i.year if allstates4280inc!=. & year <=1980 &  newsouth==1, lag(6) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       170
{txt}maximum lag: {res}6{col 49}{txt}F( 40,       129){col 67}= {res}    100.19
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}{col 29}  Newey-West
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1493192{col 29}{space 2} .0592945{col 40}{space 1}   -2.52{col 49}{space 3}0.013{col 57}{space 4}-.2666349{col 70}{space 3}-.0320036
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} 4.168588{col 29}{space 2} 1.521616{col 40}{space 1}    2.74{col 49}{space 3}0.007{col 57}{space 4} 1.158033{col 70}{space 3} 7.179143
{txt}{space 12}D1. {c |}{col 17}{res}{space 2} 2.631987{col 29}{space 2} 1.112434{col 40}{space 1}    2.37{col 49}{space 3}0.019{col 57}{space 4} .4310093{col 70}{space 3} 4.832965
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2}-104.1118{col 29}{space 2} 56.62297{col 40}{space 1}   -1.84{col 49}{space 3}0.068{col 57}{space 4}-216.1417{col 70}{space 3} 7.918151
{txt}{space 12}37  {c |}{col 17}{res}{space 2}-180.1498{col 29}{space 2} 74.07675{col 40}{space 1}   -2.43{col 49}{space 3}0.016{col 57}{space 4}-326.7124{col 70}{space 3}-33.58712
{txt}{space 12}48  {c |}{col 17}{res}{space 2} 77.68474{col 29}{space 2} 43.98881{col 40}{space 1}    1.77{col 49}{space 3}0.080{col 57}{space 4}-9.348194{col 70}{space 3} 164.7177
{txt}{space 12}51  {c |}{col 17}{res}{space 2} 31.81712{col 29}{space 2}  35.3912{col 40}{space 1}    0.90{col 49}{space 3}0.370{col 57}{space 4}-38.20524{col 70}{space 3} 101.8395
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2} 444.1131{col 29}{space 2}  113.746{col 40}{space 1}    3.90{col 49}{space 3}0.000{col 57}{space 4} 219.0637{col 70}{space 3} 669.1624
{txt}{space 10}1949  {c |}{col 17}{res}{space 2} 478.0266{col 29}{space 2} 94.29791{col 40}{space 1}    5.07{col 49}{space 3}0.000{col 57}{space 4} 291.4559{col 70}{space 3} 664.5973
{txt}{space 10}1950  {c |}{col 17}{res}{space 2} 784.5543{col 29}{space 2}  101.793{col 40}{space 1}    7.71{col 49}{space 3}0.000{col 57}{space 4} 583.1544{col 70}{space 3} 985.9542
{txt}{space 10}1951  {c |}{col 17}{res}{space 2}   599.12{col 29}{space 2} 88.19843{col 40}{space 1}    6.79{col 49}{space 3}0.000{col 57}{space 4} 424.6172{col 70}{space 3} 773.6227
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} 653.6069{col 29}{space 2} 85.80539{col 40}{space 1}    7.62{col 49}{space 3}0.000{col 57}{space 4} 483.8388{col 70}{space 3}  823.375
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 647.1976{col 29}{space 2} 98.15085{col 40}{space 1}    6.59{col 49}{space 3}0.000{col 57}{space 4} 453.0037{col 70}{space 3} 841.3915
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} 547.5532{col 29}{space 2} 89.34351{col 40}{space 1}    6.13{col 49}{space 3}0.000{col 57}{space 4} 370.7848{col 70}{space 3} 724.3215
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} 895.7369{col 29}{space 2} 93.36968{col 40}{space 1}    9.59{col 49}{space 3}0.000{col 57}{space 4} 711.0027{col 70}{space 3} 1080.471
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} 818.9824{col 29}{space 2} 101.2954{col 40}{space 1}    8.09{col 49}{space 3}0.000{col 57}{space 4} 618.5669{col 70}{space 3} 1019.398
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 530.0736{col 29}{space 2} 110.6114{col 40}{space 1}    4.79{col 49}{space 3}0.000{col 57}{space 4} 311.2262{col 70}{space 3}  748.921
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} 604.5686{col 29}{space 2} 107.6541{col 40}{space 1}    5.62{col 49}{space 3}0.000{col 57}{space 4} 391.5722{col 70}{space 3} 817.5649
{txt}{space 10}1959  {c |}{col 17}{res}{space 2} 855.2844{col 29}{space 2} 101.7029{col 40}{space 1}    8.41{col 49}{space 3}0.000{col 57}{space 4} 654.0628{col 70}{space 3} 1056.506
{txt}{space 10}1960  {c |}{col 17}{res}{space 2} 674.2354{col 29}{space 2} 108.4746{col 40}{space 1}    6.22{col 49}{space 3}0.000{col 57}{space 4} 459.6158{col 70}{space 3}  888.855
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} 757.2437{col 29}{space 2} 106.2274{col 40}{space 1}    7.13{col 49}{space 3}0.000{col 57}{space 4} 547.0701{col 70}{space 3} 967.4172
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}  883.623{col 29}{space 2} 113.9329{col 40}{space 1}    7.76{col 49}{space 3}0.000{col 57}{space 4}  658.204{col 70}{space 3} 1109.042
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 903.0557{col 29}{space 2} 121.2026{col 40}{space 1}    7.45{col 49}{space 3}0.000{col 57}{space 4} 663.2533{col 70}{space 3} 1142.858
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 1083.981{col 29}{space 2} 128.7304{col 40}{space 1}    8.42{col 49}{space 3}0.000{col 57}{space 4} 829.2852{col 70}{space 3} 1338.678
{txt}{space 10}1965  {c |}{col 17}{res}{space 2} 1126.582{col 29}{space 2} 143.1014{col 40}{space 1}    7.87{col 49}{space 3}0.000{col 57}{space 4} 843.4526{col 70}{space 3} 1409.712
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} 1190.047{col 29}{space 2} 163.3119{col 40}{space 1}    7.29{col 49}{space 3}0.000{col 57}{space 4} 866.9309{col 70}{space 3} 1513.164
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 1218.968{col 29}{space 2} 174.7312{col 40}{space 1}    6.98{col 49}{space 3}0.000{col 57}{space 4} 873.2579{col 70}{space 3} 1564.678
{txt}{space 10}1968  {c |}{col 17}{res}{space 2}  1281.95{col 29}{space 2} 190.7487{col 40}{space 1}    6.72{col 49}{space 3}0.000{col 57}{space 4} 904.5494{col 70}{space 3} 1659.351
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 1327.289{col 29}{space 2}  224.512{col 40}{space 1}    5.91{col 49}{space 3}0.000{col 57}{space 4} 883.0868{col 70}{space 3} 1771.492
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 1118.926{col 29}{space 2} 242.0874{col 40}{space 1}    4.62{col 49}{space 3}0.000{col 57}{space 4} 639.9499{col 70}{space 3} 1597.902
{txt}{space 10}1971  {c |}{col 17}{res}{space 2} 1244.707{col 29}{space 2} 246.6076{col 40}{space 1}    5.05{col 49}{space 3}0.000{col 57}{space 4}  756.788{col 70}{space 3} 1732.627
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 1642.531{col 29}{space 2}  262.213{col 40}{space 1}    6.26{col 49}{space 3}0.000{col 57}{space 4} 1123.736{col 70}{space 3} 2161.326
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 1589.873{col 29}{space 2} 293.4071{col 40}{space 1}    5.42{col 49}{space 3}0.000{col 57}{space 4}  1009.36{col 70}{space 3} 2170.386
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 962.8116{col 29}{space 2} 310.9743{col 40}{space 1}    3.10{col 49}{space 3}0.002{col 57}{space 4} 347.5413{col 70}{space 3} 1578.082
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} 1016.319{col 29}{space 2} 324.5837{col 40}{space 1}    3.13{col 49}{space 3}0.002{col 57}{space 4}  374.122{col 70}{space 3} 1658.516
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} 1562.495{col 29}{space 2} 300.8624{col 40}{space 1}    5.19{col 49}{space 3}0.000{col 57}{space 4} 967.2312{col 70}{space 3} 2157.758
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}  1512.14{col 29}{space 2} 322.9815{col 40}{space 1}    4.68{col 49}{space 3}0.000{col 57}{space 4} 873.1134{col 70}{space 3} 2151.167
{txt}{space 10}1978  {c |}{col 17}{res}{space 2} 1744.008{col 29}{space 2}  354.067{col 40}{space 1}    4.93{col 49}{space 3}0.000{col 57}{space 4} 1043.478{col 70}{space 3} 2444.538
{txt}{space 10}1979  {c |}{col 17}{res}{space 2} 1319.576{col 29}{space 2} 379.9212{col 40}{space 1}    3.47{col 49}{space 3}0.001{col 57}{space 4} 567.8923{col 70}{space 3} 2071.259
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 1147.112{col 29}{space 2} 378.8678{col 40}{space 1}    3.03{col 49}{space 3}0.003{col 57}{space 4} 397.5125{col 70}{space 3} 1896.711
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 282.6766{col 29}{space 2} 328.4226{col 40}{space 1}    0.86{col 49}{space 3}0.391{col 57}{space 4}-367.1156{col 70}{space 3} 932.4688
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. reg d.real_pc_inc_ann l.real_pc_inc_ann l.klarnerranney d.klarnerranney i.state_fips i.year if allstates4280incols!=. & year <=1980 &  newsouth==1

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       170
{txt}{hline 13}{c +}{hline 34}   F(40, 129)      = {res}    20.72
{txt}       Model {c |} {res}  9367720.2        40  234193.005   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 1458321.42       129  11304.8172   {txt}R-squared       ={res}    0.8653
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.8235
{txt}       Total {c |} {res} 10826041.6       169  64059.4179   {txt}Root MSE        =   {res} 106.32

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1493192{col 29}{space 2} .0453247{col 40}{space 1}   -3.29{col 49}{space 3}0.001{col 57}{space 4}-.2389953{col 70}{space 3}-.0596432
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} 4.168588{col 29}{space 2} 1.070975{col 40}{space 1}    3.89{col 49}{space 3}0.000{col 57}{space 4} 2.049639{col 70}{space 3} 6.287537
{txt}{space 12}D1. {c |}{col 17}{res}{space 2} 2.631987{col 29}{space 2} 1.404074{col 40}{space 1}    1.87{col 49}{space 3}0.063{col 57}{space 4}-.1460067{col 70}{space 3} 5.409981
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2}-104.1118{col 29}{space 2}  52.3855{col 40}{space 1}   -1.99{col 49}{space 3}0.049{col 57}{space 4}-207.7578{col 70}{space 3}-.4658011
{txt}{space 12}37  {c |}{col 17}{res}{space 2}-180.1498{col 29}{space 2} 62.67113{col 40}{space 1}   -2.87{col 49}{space 3}0.005{col 57}{space 4}-304.1461{col 70}{space 3}-56.15343
{txt}{space 12}48  {c |}{col 17}{res}{space 2} 77.68474{col 29}{space 2} 33.14626{col 40}{space 1}    2.34{col 49}{space 3}0.021{col 57}{space 4} 12.10406{col 70}{space 3} 143.2654
{txt}{space 12}51  {c |}{col 17}{res}{space 2} 31.81712{col 29}{space 2} 26.70901{col 40}{space 1}    1.19{col 49}{space 3}0.236{col 57}{space 4}-21.02731{col 70}{space 3} 84.66154
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2} 444.1131{col 29}{space 2}  70.5012{col 40}{space 1}    6.30{col 49}{space 3}0.000{col 57}{space 4} 304.6247{col 70}{space 3} 583.6014
{txt}{space 10}1949  {c |}{col 17}{res}{space 2} 478.0266{col 29}{space 2} 69.94258{col 40}{space 1}    6.83{col 49}{space 3}0.000{col 57}{space 4} 339.6435{col 70}{space 3} 616.4097
{txt}{space 10}1950  {c |}{col 17}{res}{space 2} 784.5543{col 29}{space 2} 69.16334{col 40}{space 1}   11.34{col 49}{space 3}0.000{col 57}{space 4} 647.7129{col 70}{space 3} 921.3956
{txt}{space 10}1951  {c |}{col 17}{res}{space 2}   599.12{col 29}{space 2} 67.26263{col 40}{space 1}    8.91{col 49}{space 3}0.000{col 57}{space 4} 466.0392{col 70}{space 3} 732.2007
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} 653.6069{col 29}{space 2} 67.51246{col 40}{space 1}    9.68{col 49}{space 3}0.000{col 57}{space 4} 520.0318{col 70}{space 3} 787.1819
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 647.1976{col 29}{space 2} 68.45555{col 40}{space 1}    9.45{col 49}{space 3}0.000{col 57}{space 4} 511.7566{col 70}{space 3} 782.6386
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} 547.5532{col 29}{space 2} 69.57853{col 40}{space 1}    7.87{col 49}{space 3}0.000{col 57}{space 4} 409.8903{col 70}{space 3}  685.216
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} 895.7369{col 29}{space 2} 69.82259{col 40}{space 1}   12.83{col 49}{space 3}0.000{col 57}{space 4} 757.5912{col 70}{space 3} 1033.883
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} 818.9824{col 29}{space 2} 75.99435{col 40}{space 1}   10.78{col 49}{space 3}0.000{col 57}{space 4} 668.6257{col 70}{space 3} 969.3391
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 530.0736{col 29}{space 2} 81.26014{col 40}{space 1}    6.52{col 49}{space 3}0.000{col 57}{space 4} 369.2985{col 70}{space 3} 690.8488
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} 604.5686{col 29}{space 2} 78.81607{col 40}{space 1}    7.67{col 49}{space 3}0.000{col 57}{space 4}  448.629{col 70}{space 3} 760.5081
{txt}{space 10}1959  {c |}{col 17}{res}{space 2} 855.2844{col 29}{space 2} 79.15297{col 40}{space 1}   10.81{col 49}{space 3}0.000{col 57}{space 4} 698.6784{col 70}{space 3} 1011.891
{txt}{space 10}1960  {c |}{col 17}{res}{space 2} 674.2354{col 29}{space 2} 85.99753{col 40}{space 1}    7.84{col 49}{space 3}0.000{col 57}{space 4} 504.0871{col 70}{space 3} 844.3836
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} 757.2437{col 29}{space 2} 86.37379{col 40}{space 1}    8.77{col 49}{space 3}0.000{col 57}{space 4}  586.351{col 70}{space 3} 928.1363
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}  883.623{col 29}{space 2} 88.88783{col 40}{space 1}    9.94{col 49}{space 3}0.000{col 57}{space 4} 707.7562{col 70}{space 3}  1059.49
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 903.0557{col 29}{space 2} 95.51624{col 40}{space 1}    9.45{col 49}{space 3}0.000{col 57}{space 4} 714.0745{col 70}{space 3} 1092.037
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 1083.981{col 29}{space 2} 101.5919{col 40}{space 1}   10.67{col 49}{space 3}0.000{col 57}{space 4} 882.9793{col 70}{space 3} 1284.984
{txt}{space 10}1965  {c |}{col 17}{res}{space 2} 1126.582{col 29}{space 2} 114.2504{col 40}{space 1}    9.86{col 49}{space 3}0.000{col 57}{space 4}  900.535{col 70}{space 3} 1352.629
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} 1190.047{col 29}{space 2} 127.7169{col 40}{space 1}    9.32{col 49}{space 3}0.000{col 57}{space 4} 937.3564{col 70}{space 3} 1442.738
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 1218.968{col 29}{space 2} 141.4618{col 40}{space 1}    8.62{col 49}{space 3}0.000{col 57}{space 4} 939.0821{col 70}{space 3} 1498.854
{txt}{space 10}1968  {c |}{col 17}{res}{space 2}  1281.95{col 29}{space 2} 152.0329{col 40}{space 1}    8.43{col 49}{space 3}0.000{col 57}{space 4} 981.1494{col 70}{space 3} 1582.751
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 1327.289{col 29}{space 2} 168.8704{col 40}{space 1}    7.86{col 49}{space 3}0.000{col 57}{space 4}  993.175{col 70}{space 3} 1661.403
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 1118.926{col 29}{space 2} 185.9029{col 40}{space 1}    6.02{col 49}{space 3}0.000{col 57}{space 4} 751.1124{col 70}{space 3} 1486.739
{txt}{space 10}1971  {c |}{col 17}{res}{space 2} 1244.707{col 29}{space 2} 192.6466{col 40}{space 1}    6.46{col 49}{space 3}0.000{col 57}{space 4} 863.5512{col 70}{space 3} 1625.863
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 1642.531{col 29}{space 2}  204.357{col 40}{space 1}    8.04{col 49}{space 3}0.000{col 57}{space 4} 1238.205{col 70}{space 3} 2046.856
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 1589.873{col 29}{space 2} 229.2786{col 40}{space 1}    6.93{col 49}{space 3}0.000{col 57}{space 4}  1136.24{col 70}{space 3} 2043.506
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 962.8116{col 29}{space 2} 247.4717{col 40}{space 1}    3.89{col 49}{space 3}0.000{col 57}{space 4} 473.1827{col 70}{space 3}  1452.44
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} 1016.319{col 29}{space 2} 242.0222{col 40}{space 1}    4.20{col 49}{space 3}0.000{col 57}{space 4}  537.472{col 70}{space 3} 1495.166
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} 1562.495{col 29}{space 2}   239.01{col 40}{space 1}    6.54{col 49}{space 3}0.000{col 57}{space 4} 1089.608{col 70}{space 3} 2035.382
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}  1512.14{col 29}{space 2} 256.9461{col 40}{space 1}    5.89{col 49}{space 3}0.000{col 57}{space 4} 1003.766{col 70}{space 3} 2020.514
{txt}{space 10}1978  {c |}{col 17}{res}{space 2} 1744.008{col 29}{space 2} 269.3543{col 40}{space 1}    6.47{col 49}{space 3}0.000{col 57}{space 4} 1211.084{col 70}{space 3} 2276.932
{txt}{space 10}1979  {c |}{col 17}{res}{space 2} 1319.576{col 29}{space 2} 289.0587{col 40}{space 1}    4.57{col 49}{space 3}0.000{col 57}{space 4} 747.6659{col 70}{space 3} 1891.485
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 1147.112{col 29}{space 2} 286.8563{col 40}{space 1}    4.00{col 49}{space 3}0.000{col 57}{space 4} 579.5594{col 70}{space 3} 1714.664
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 282.6766{col 29}{space 2} 249.8721{col 40}{space 1}    1.13{col 49}{space 3}0.260{col 57}{space 4}-211.7016{col 70}{space 3} 777.0547
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       170{col 27}-1181.461{col 38}-1011.064{col 49}    41{col 58} 2104.129{col 69} 2232.697
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. 
. //PC (1,1) to (5,4)
. 
. newey d.klarnerranney l.klarnerranney l.real_pc_inc_ann d.real_pc_inc_ann i.state_fips i.year if allstates4280pc!=. & year <=1980 &  newsouth==1, lag(6) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       170
{txt}maximum lag: {res}6{col 49}{txt}F( 40,       129){col 67}= {res}      7.07
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}  Newey-West
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.3123236{col 29}{space 2} .0742587{col 40}{space 1}   -4.21{col 49}{space 3}0.000{col 57}{space 4}-.4592463{col 70}{space 3}-.1654009
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0063303{col 29}{space 2} .0020652{col 40}{space 1}    3.07{col 49}{space 3}0.003{col 57}{space 4} .0022443{col 70}{space 3} .0104163
{txt}{space 12}D1. {c |}{col 17}{res}{space 2} .0100749{col 29}{space 2} .0058394{col 40}{space 1}    1.73{col 49}{space 3}0.087{col 57}{space 4}-.0014785{col 70}{space 3} .0216284
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2} 1.076578{col 29}{space 2} 3.076419{col 40}{space 1}    0.35{col 49}{space 3}0.727{col 57}{space 4}-5.010193{col 70}{space 3}  7.16335
{txt}{space 12}37  {c |}{col 17}{res}{space 2}  4.79549{col 29}{space 2} 3.016759{col 40}{space 1}    1.59{col 49}{space 3}0.114{col 57}{space 4}-1.173242{col 70}{space 3} 10.76422
{txt}{space 12}48  {c |}{col 17}{res}{space 2}-6.311621{col 29}{space 2}  2.78348{col 40}{space 1}   -2.27{col 49}{space 3}0.025{col 57}{space 4} -11.8188{col 70}{space 3} -.804438
{txt}{space 12}51  {c |}{col 17}{res}{space 2}-1.583372{col 29}{space 2} 2.153521{col 40}{space 1}   -0.74{col 49}{space 3}0.464{col 57}{space 4}-5.844165{col 70}{space 3} 2.677422
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2}-2.202242{col 29}{space 2} 3.102874{col 40}{space 1}   -0.71{col 49}{space 3}0.479{col 57}{space 4}-8.341354{col 70}{space 3} 3.936871
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-2.650532{col 29}{space 2} 3.195754{col 40}{space 1}   -0.83{col 49}{space 3}0.408{col 57}{space 4}-8.973409{col 70}{space 3} 3.672345
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}-6.051463{col 29}{space 2} 4.786966{col 40}{space 1}   -1.26{col 49}{space 3}0.208{col 57}{space 4}-15.52259{col 70}{space 3} 3.419667
{txt}{space 10}1951  {c |}{col 17}{res}{space 2}-5.820277{col 29}{space 2} 3.708628{col 40}{space 1}   -1.57{col 49}{space 3}0.119{col 57}{space 4}-13.15789{col 70}{space 3} 1.517335
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}-6.442229{col 29}{space 2} 3.965049{col 40}{space 1}   -1.62{col 49}{space 3}0.107{col 57}{space 4}-14.28717{col 70}{space 3} 1.402717
{txt}{space 10}1953  {c |}{col 17}{res}{space 2}-5.531936{col 29}{space 2} 3.937807{col 40}{space 1}   -1.40{col 49}{space 3}0.162{col 57}{space 4}-13.32298{col 70}{space 3} 2.259111
{txt}{space 10}1954  {c |}{col 17}{res}{space 2}-6.597636{col 29}{space 2} 3.312561{col 40}{space 1}   -1.99{col 49}{space 3}0.049{col 57}{space 4}-13.15162{col 70}{space 3}-.0436524
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}-10.83679{col 29}{space 2}  5.23385{col 40}{space 1}   -2.07{col 49}{space 3}0.040{col 57}{space 4}-21.19209{col 70}{space 3}-.4814874
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-11.34523{col 29}{space 2} 4.890583{col 40}{space 1}   -2.32{col 49}{space 3}0.022{col 57}{space 4}-21.02137{col 70}{space 3}-1.669094
{txt}{space 10}1957  {c |}{col 17}{res}{space 2}-8.279399{col 29}{space 2} 3.958972{col 40}{space 1}   -2.09{col 49}{space 3}0.038{col 57}{space 4}-16.11232{col 70}{space 3}-.4464758
{txt}{space 10}1958  {c |}{col 17}{res}{space 2}-9.510925{col 29}{space 2}  3.86062{col 40}{space 1}   -2.46{col 49}{space 3}0.015{col 57}{space 4}-17.14926{col 70}{space 3}-1.872593
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-14.70147{col 29}{space 2} 5.616234{col 40}{space 1}   -2.62{col 49}{space 3}0.010{col 57}{space 4}-25.81333{col 70}{space 3}-3.589617
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-12.32373{col 29}{space 2} 4.508203{col 40}{space 1}   -2.73{col 49}{space 3}0.007{col 57}{space 4}-21.24332{col 70}{space 3}-3.404138
{txt}{space 10}1961  {c |}{col 17}{res}{space 2}-10.31674{col 29}{space 2} 5.151705{col 40}{space 1}   -2.00{col 49}{space 3}0.047{col 57}{space 4}-20.50951{col 70}{space 3}-.1239644
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}-14.46543{col 29}{space 2}  5.58703{col 40}{space 1}   -2.59{col 49}{space 3}0.011{col 57}{space 4} -25.5195{col 70}{space 3}-3.411352
{txt}{space 10}1963  {c |}{col 17}{res}{space 2}-12.27304{col 29}{space 2} 6.010687{col 40}{space 1}   -2.04{col 49}{space 3}0.043{col 57}{space 4}-24.16533{col 70}{space 3}-.3807437
{txt}{space 10}1964  {c |}{col 17}{res}{space 2}-15.03739{col 29}{space 2}  6.98046{col 40}{space 1}   -2.15{col 49}{space 3}0.033{col 57}{space 4} -28.8484{col 70}{space 3}-1.226381
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}-18.84964{col 29}{space 2} 7.504609{col 40}{space 1}   -2.51{col 49}{space 3}0.013{col 57}{space 4}-33.69769{col 70}{space 3}-4.001583
{txt}{space 10}1966  {c |}{col 17}{res}{space 2}-19.20314{col 29}{space 2} 7.959306{col 40}{space 1}   -2.41{col 49}{space 3}0.017{col 57}{space 4}-34.95082{col 70}{space 3}-3.455455
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} -7.19217{col 29}{space 2} 14.05936{col 40}{space 1}   -0.51{col 49}{space 3}0.610{col 57}{space 4}-35.00896{col 70}{space 3} 20.62462
{txt}{space 10}1968  {c |}{col 17}{res}{space 2}-17.96123{col 29}{space 2} 8.654156{col 40}{space 1}   -2.08{col 49}{space 3}0.040{col 57}{space 4}-35.08369{col 70}{space 3}-.8387725
{txt}{space 10}1969  {c |}{col 17}{res}{space 2}-21.83202{col 29}{space 2} 9.262465{col 40}{space 1}   -2.36{col 49}{space 3}0.020{col 57}{space 4}-40.15804{col 70}{space 3} -3.50601
{txt}{space 10}1970  {c |}{col 17}{res}{space 2}-19.81046{col 29}{space 2} 9.277424{col 40}{space 1}   -2.14{col 49}{space 3}0.035{col 57}{space 4}-38.16607{col 70}{space 3}-1.454849
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}-28.10457{col 29}{space 2}  9.78643{col 40}{space 1}   -2.87{col 49}{space 3}0.005{col 57}{space 4}-47.46726{col 70}{space 3}-8.741878
{txt}{space 10}1972  {c |}{col 17}{res}{space 2}-30.20145{col 29}{space 2} 11.47064{col 40}{space 1}   -2.63{col 49}{space 3}0.009{col 57}{space 4}-52.89639{col 70}{space 3}-7.506521
{txt}{space 10}1973  {c |}{col 17}{res}{space 2}-22.03241{col 29}{space 2} 11.16977{col 40}{space 1}   -1.97{col 49}{space 3}0.051{col 57}{space 4}-44.13206{col 70}{space 3} .0672473
{txt}{space 10}1974  {c |}{col 17}{res}{space 2}-25.10602{col 29}{space 2} 10.23351{col 40}{space 1}   -2.45{col 49}{space 3}0.015{col 57}{space 4}-45.35327{col 70}{space 3}-4.858769
{txt}{space 10}1975  {c |}{col 17}{res}{space 2}-39.77917{col 29}{space 2} 15.88073{col 40}{space 1}   -2.50{col 49}{space 3}0.013{col 57}{space 4}-71.19958{col 70}{space 3}-8.358753
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-36.17423{col 29}{space 2} 13.53806{col 40}{space 1}   -2.67{col 49}{space 3}0.009{col 57}{space 4}-62.95961{col 70}{space 3}-9.388855
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}-37.60684{col 29}{space 2} 12.48669{col 40}{space 1}   -3.01{col 49}{space 3}0.003{col 57}{space 4}-62.31206{col 70}{space 3}-12.90162
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}-39.44292{col 29}{space 2} 14.39986{col 40}{space 1}   -2.74{col 49}{space 3}0.007{col 57}{space 4} -67.9334{col 70}{space 3}-10.95243
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}-34.33673{col 29}{space 2} 13.28408{col 40}{space 1}   -2.58{col 49}{space 3}0.011{col 57}{space 4} -60.6196{col 70}{space 3}-8.053849
{txt}{space 10}1980  {c |}{col 17}{res}{space 2}-32.19458{col 29}{space 2}  12.8585{col 40}{space 1}   -2.50{col 49}{space 3}0.014{col 57}{space 4}-57.63543{col 70}{space 3}-6.753728
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-25.05703{col 29}{space 2} 10.76294{col 40}{space 1}   -2.33{col 49}{space 3}0.021{col 57}{space 4}-46.35177{col 70}{space 3}-3.762297
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. reg d.klarnerranney l.klarnerranney l.real_pc_inc_ann d.real_pc_inc_ann i.state_fips i.year if allstates4280pcols!=. & year <=1980 &  newsouth==1

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       170
{txt}{hline 13}{c +}{hline 34}   F(40, 129)      = {res}     2.63
{txt}       Model {c |} {res} 4550.61426        40  113.765357   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 5582.28611       129  43.2735357   {txt}R-squared       ={res}    0.4491
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.2783
{txt}       Total {c |} {res} 10132.9004       169  59.9579904   {txt}Root MSE        =   {res} 6.5783

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.3123236{col 29}{space 2} .0644205{col 40}{space 1}   -4.85{col 49}{space 3}0.000{col 57}{space 4}-.4397812{col 70}{space 3}-.1848661
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0063303{col 29}{space 2} .0028661{col 40}{space 1}    2.21{col 49}{space 3}0.029{col 57}{space 4} .0006596{col 70}{space 3}  .012001
{txt}{space 12}D1. {c |}{col 17}{res}{space 2} .0100749{col 29}{space 2} .0053746{col 40}{space 1}    1.87{col 49}{space 3}0.063{col 57}{space 4}-.0005589{col 70}{space 3} .0207088
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2} 1.076578{col 29}{space 2} 3.288965{col 40}{space 1}    0.33{col 49}{space 3}0.744{col 57}{space 4}-5.430719{col 70}{space 3} 7.583876
{txt}{space 12}37  {c |}{col 17}{res}{space 2}  4.79549{col 29}{space 2} 3.977364{col 40}{space 1}    1.21{col 49}{space 3}0.230{col 57}{space 4}-3.073821{col 70}{space 3}  12.6648
{txt}{space 12}48  {c |}{col 17}{res}{space 2}-6.311621{col 29}{space 2} 2.018877{col 40}{space 1}   -3.13{col 49}{space 3}0.002{col 57}{space 4}-10.30602{col 70}{space 3}-2.317223
{txt}{space 12}51  {c |}{col 17}{res}{space 2}-1.583372{col 29}{space 2} 1.655689{col 40}{space 1}   -0.96{col 49}{space 3}0.341{col 57}{space 4}-4.859193{col 70}{space 3}  1.69245
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2}-2.202242{col 29}{space 2} 4.984104{col 40}{space 1}   -0.44{col 49}{space 3}0.659{col 57}{space 4}-12.06341{col 70}{space 3} 7.658931
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-2.650532{col 29}{space 2} 5.045007{col 40}{space 1}   -0.53{col 49}{space 3}0.600{col 57}{space 4} -12.6322{col 70}{space 3} 7.331138
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}-6.051463{col 29}{space 2} 6.024274{col 40}{space 1}   -1.00{col 49}{space 3}0.317{col 57}{space 4}-17.97064{col 70}{space 3}  5.86771
{txt}{space 10}1951  {c |}{col 17}{res}{space 2}-5.820277{col 29}{space 2} 5.263735{col 40}{space 1}   -1.11{col 49}{space 3}0.271{col 57}{space 4} -16.2347{col 70}{space 3} 4.594152
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}-6.442229{col 29}{space 2}  5.45913{col 40}{space 1}   -1.18{col 49}{space 3}0.240{col 57}{space 4}-17.24325{col 70}{space 3} 4.358795
{txt}{space 10}1953  {c |}{col 17}{res}{space 2}-5.531936{col 29}{space 2} 5.489085{col 40}{space 1}   -1.01{col 49}{space 3}0.315{col 57}{space 4}-16.39223{col 70}{space 3} 5.328353
{txt}{space 10}1954  {c |}{col 17}{res}{space 2}-6.597636{col 29}{space 2}  5.20486{col 40}{space 1}   -1.27{col 49}{space 3}0.207{col 57}{space 4}-16.89558{col 70}{space 3} 3.700306
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}-10.83679{col 29}{space 2} 6.446683{col 40}{space 1}   -1.68{col 49}{space 3}0.095{col 57}{space 4}-23.59171{col 70}{space 3} 1.918132
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-11.34523{col 29}{space 2} 6.404044{col 40}{space 1}   -1.77{col 49}{space 3}0.079{col 57}{space 4}-24.01579{col 70}{space 3} 1.325326
{txt}{space 10}1957  {c |}{col 17}{res}{space 2}-8.279399{col 29}{space 2} 5.751743{col 40}{space 1}   -1.44{col 49}{space 3}0.152{col 57}{space 4}-19.65936{col 70}{space 3} 3.100566
{txt}{space 10}1958  {c |}{col 17}{res}{space 2}-9.510925{col 29}{space 2} 5.824368{col 40}{space 1}   -1.63{col 49}{space 3}0.105{col 57}{space 4}-21.03458{col 70}{space 3} 2.012729
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-14.70147{col 29}{space 2} 6.634267{col 40}{space 1}   -2.22{col 49}{space 3}0.028{col 57}{space 4}-27.82753{col 70}{space 3}-1.575413
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-12.32373{col 29}{space 2} 6.373498{col 40}{space 1}   -1.93{col 49}{space 3}0.055{col 57}{space 4}-24.93385{col 70}{space 3} .2863926
{txt}{space 10}1961  {c |}{col 17}{res}{space 2}-10.31674{col 29}{space 2} 6.689389{col 40}{space 1}   -1.54{col 49}{space 3}0.125{col 57}{space 4}-23.55186{col 70}{space 3} 2.918381
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}-14.46543{col 29}{space 2} 7.196596{col 40}{space 1}   -2.01{col 49}{space 3}0.047{col 57}{space 4}-28.70407{col 70}{space 3}-.2267859
{txt}{space 10}1963  {c |}{col 17}{res}{space 2}-12.27304{col 29}{space 2} 7.612787{col 40}{space 1}   -1.61{col 49}{space 3}0.109{col 57}{space 4}-27.33512{col 70}{space 3}  2.78905
{txt}{space 10}1964  {c |}{col 17}{res}{space 2}-15.03739{col 29}{space 2} 8.521811{col 40}{space 1}   -1.76{col 49}{space 3}0.080{col 57}{space 4}  -31.898{col 70}{space 3} 1.823221
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}-18.84964{col 29}{space 2} 9.212647{col 40}{space 1}   -2.05{col 49}{space 3}0.043{col 57}{space 4}-37.07708{col 70}{space 3}-.6221884
{txt}{space 10}1966  {c |}{col 17}{res}{space 2}-19.20314{col 29}{space 2}  10.0799{col 40}{space 1}   -1.91{col 49}{space 3}0.059{col 57}{space 4}-39.14646{col 70}{space 3} .7401916
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} -7.19217{col 29}{space 2} 10.96777{col 40}{space 1}   -0.66{col 49}{space 3}0.513{col 57}{space 4}-28.89217{col 70}{space 3} 14.50782
{txt}{space 10}1968  {c |}{col 17}{res}{space 2}-17.96123{col 29}{space 2} 11.60786{col 40}{space 1}   -1.55{col 49}{space 3}0.124{col 57}{space 4}-40.92766{col 70}{space 3} 5.005196
{txt}{space 10}1969  {c |}{col 17}{res}{space 2}-21.83202{col 29}{space 2} 12.55952{col 40}{space 1}   -1.74{col 49}{space 3}0.085{col 57}{space 4}-46.68133{col 70}{space 3} 3.017286
{txt}{space 10}1970  {c |}{col 17}{res}{space 2}-19.81046{col 29}{space 2} 12.89961{col 40}{space 1}   -1.54{col 49}{space 3}0.127{col 57}{space 4}-45.33266{col 70}{space 3}  5.71174
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}-28.10457{col 29}{space 2} 13.48752{col 40}{space 1}   -2.08{col 49}{space 3}0.039{col 57}{space 4}-54.78997{col 70}{space 3}-1.419172
{txt}{space 10}1972  {c |}{col 17}{res}{space 2}-30.20145{col 29}{space 2} 15.25926{col 40}{space 1}   -1.98{col 49}{space 3}0.050{col 57}{space 4}-60.39227{col 70}{space 3}-.0106385
{txt}{space 10}1973  {c |}{col 17}{res}{space 2}-22.03241{col 29}{space 2} 16.50665{col 40}{space 1}   -1.33{col 49}{space 3}0.184{col 57}{space 4}-54.69121{col 70}{space 3}  10.6264
{txt}{space 10}1974  {c |}{col 17}{res}{space 2}-25.10602{col 29}{space 2} 16.03277{col 40}{space 1}   -1.57{col 49}{space 3}0.120{col 57}{space 4}-56.82725{col 70}{space 3} 6.615207
{txt}{space 10}1975  {c |}{col 17}{res}{space 2}-39.77917{col 29}{space 2} 15.57564{col 40}{space 1}   -2.55{col 49}{space 3}0.012{col 57}{space 4}-70.59596{col 70}{space 3}-8.962372
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-36.17423{col 29}{space 2} 16.76221{col 40}{space 1}   -2.16{col 49}{space 3}0.033{col 57}{space 4}-69.33867{col 70}{space 3}-3.009793
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}-37.60684{col 29}{space 2} 17.59571{col 40}{space 1}   -2.14{col 49}{space 3}0.034{col 57}{space 4}-72.42039{col 70}{space 3}-2.793296
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}-39.44292{col 29}{space 2} 18.86567{col 40}{space 1}   -2.09{col 49}{space 3}0.039{col 57}{space 4}-76.76911{col 70}{space 3}-2.116727
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}-34.33673{col 29}{space 2} 19.03599{col 40}{space 1}   -1.80{col 49}{space 3}0.074{col 57}{space 4} -71.9999{col 70}{space 3} 3.326449
{txt}{space 10}1980  {c |}{col 17}{res}{space 2}-32.19458{col 29}{space 2} 18.60094{col 40}{space 1}   -1.73{col 49}{space 3}0.086{col 57}{space 4}  -68.997{col 70}{space 3} 4.607836
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-25.05703{col 29}{space 2} 15.37863{col 40}{space 1}   -1.63{col 49}{space 3}0.106{col 57}{space 4}-55.48402{col 70}{space 3} 5.369953
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. 
. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       170{col 27}-588.6778{col 38}-538.0017{col 49}    41{col 58} 1158.003{col 69} 1286.571
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. 
. 
. //inc
. qui newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney  l4.d.real_pc_inc_ann l3.d.klarnerranney  i.state_fips i.year if year <=1980 &  newsouth==1, lag(6) force
{txt}
{com}. 
. *** 2.E.a: TEST OF REAL_PC_INC_ANN*
. test  l2.d.real_pc_inc_ann =  l.d.klarnerranney =  l3.d.real_pc_inc_ann =  l2.d.klarnerranney =  l4.d.real_pc_inc_ann =  l3.d.klarnerranney = 0

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L2D.real_pc_inc_ann - LD.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 2)}{space 1} L2D.real_pc_inc_ann - L3D.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 3)}{space 1} L2D.real_pc_inc_ann - L2D.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 4)}{space 1} L2D.real_pc_inc_ann - L4D.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 5)}{space 1} L2D.real_pc_inc_ann - L3D.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 6)}{space 1} L2D.real_pc_inc_ann = 0{p_end}

{txt}       F(  6,   122) ={res}    2.58
{txt}{col 13}Prob > F ={res}    0.0218
{txt}
{com}. 
. //pc
. qui newey d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann  l4.d.klarnerranney l3.d.real_pc_inc_ann  i.state_fips i.year if year <=1980 &  newsouth==1, lag(6) force
{txt}
{com}. 
. *** 2.E.b: TEST OF klarnerranney*
. test l2.d.klarnerranney = l.d.real_pc_inc_ann = l3.d.klarnerranney = l2.d.real_pc_inc_ann = l4.d.klarnerranney = l3.d.real_pc_inc_ann = 0

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L2D.klarnerranney - LD.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 2)}{space 1} L2D.klarnerranney - L3D.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 3)}{space 1} L2D.klarnerranney - L2D.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 4)}{space 1} L2D.klarnerranney - L4D.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 5)}{space 1} L2D.klarnerranney - L3D.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 6)}{space 1} L2D.klarnerranney = 0{p_end}

{txt}       F(  6,   122) ={res}    1.93
{txt}{col 13}Prob > F ={res}    0.0815
{txt}
{com}. 
. 
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. 
. 
. *** 2.F: NEW SOUTHERN STATES (N = 5): FULL TIME PERIOD MATCH (4,3) and (1,1) Obs
. 
. //inc (4,3)
. newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney i.state_fips i.year if year <=1980 &  newsouth==1, lag(6) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       175
{txt}maximum lag: {res}6{col 49}{txt}F( 46,       128){col 67}= {res}     90.91
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}{col 29}  Newey-West
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.2019729{col 29}{space 2} .0675772{col 40}{space 1}   -2.99{col 49}{space 3}0.003{col 57}{space 4} -.335686{col 70}{space 3}-.0682598
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} 4.359067{col 29}{space 2} 1.410163{col 40}{space 1}    3.09{col 49}{space 3}0.002{col 57}{space 4} 1.568819{col 70}{space 3} 7.149314
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .1271186{col 29}{space 2} .1473991{col 40}{space 1}    0.86{col 49}{space 3}0.390{col 57}{space 4}-.1645357{col 70}{space 3} .4187729
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}D1. {c |}{col 17}{res}{space 2}  3.02185{col 29}{space 2} 1.130067{col 40}{space 1}    2.67{col 49}{space 3}0.008{col 57}{space 4} .7858194{col 70}{space 3} 5.257882
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .1236531{col 29}{space 2} .0840526{col 40}{space 1}    1.47{col 49}{space 3}0.144{col 57}{space 4}-.0426593{col 70}{space 3} .2899656
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} -1.28684{col 29}{space 2} 1.233317{col 40}{space 1}   -1.04{col 49}{space 3}0.299{col 57}{space 4}-3.727167{col 70}{space 3} 1.153488
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0006789{col 29}{space 2} .0823932{col 40}{space 1}    0.01{col 49}{space 3}0.993{col 57}{space 4}  -.16235{col 70}{space 3} .1637079
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} 1.287918{col 29}{space 2} 1.037059{col 40}{space 1}    1.24{col 49}{space 3}0.217{col 57}{space 4}-.7640813{col 70}{space 3} 3.339917
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2}-167.4203{col 29}{space 2}  74.9239{col 40}{space 1}   -2.23{col 49}{space 3}0.027{col 57}{space 4}  -315.67{col 70}{space 3}-19.17056
{txt}{space 12}37  {c |}{col 17}{res}{space 2}-244.4939{col 29}{space 2} 91.31778{col 40}{space 1}   -2.68{col 49}{space 3}0.008{col 57}{space 4}-425.1818{col 70}{space 3}-63.80611
{txt}{space 12}48  {c |}{col 17}{res}{space 2} 62.15492{col 29}{space 2} 36.58454{col 40}{space 1}    1.70{col 49}{space 3}0.092{col 57}{space 4}-10.23383{col 70}{space 3} 134.5437
{txt}{space 12}51  {c |}{col 17}{res}{space 2} 16.07793{col 29}{space 2} 35.51697{col 40}{space 1}    0.45{col 49}{space 3}0.652{col 57}{space 4}-54.19846{col 70}{space 3} 86.35433
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1947  {c |}{col 17}{res}{space 2}-54.96301{col 29}{space 2} 155.5018{col 40}{space 1}   -0.35{col 49}{space 3}0.724{col 57}{space 4}-362.6498{col 70}{space 3} 252.7238
{txt}{space 10}1948  {c |}{col 17}{res}{space 2} 439.6344{col 29}{space 2} 128.3658{col 40}{space 1}    3.42{col 49}{space 3}0.001{col 57}{space 4} 185.6407{col 70}{space 3} 693.6281
{txt}{space 10}1949  {c |}{col 17}{res}{space 2} 422.0108{col 29}{space 2} 166.9598{col 40}{space 1}    2.53{col 49}{space 3}0.013{col 57}{space 4} 91.65219{col 70}{space 3} 752.3694
{txt}{space 10}1950  {c |}{col 17}{res}{space 2} 665.3455{col 29}{space 2} 116.2376{col 40}{space 1}    5.72{col 49}{space 3}0.000{col 57}{space 4} 435.3496{col 70}{space 3} 895.3413
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} 457.4633{col 29}{space 2} 106.0351{col 40}{space 1}    4.31{col 49}{space 3}0.000{col 57}{space 4} 247.6548{col 70}{space 3} 667.2717
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} 512.1188{col 29}{space 2} 101.2513{col 40}{space 1}    5.06{col 49}{space 3}0.000{col 57}{space 4} 311.7758{col 70}{space 3} 712.4619
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 538.5299{col 29}{space 2} 98.74167{col 40}{space 1}    5.45{col 49}{space 3}0.000{col 57}{space 4} 343.1526{col 70}{space 3} 733.9071
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} 446.2183{col 29}{space 2} 100.7744{col 40}{space 1}    4.43{col 49}{space 3}0.000{col 57}{space 4}  246.819{col 70}{space 3} 645.6175
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} 808.8476{col 29}{space 2} 107.5145{col 40}{space 1}    7.52{col 49}{space 3}0.000{col 57}{space 4} 596.1117{col 70}{space 3} 1021.583
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} 723.5151{col 29}{space 2} 117.0772{col 40}{space 1}    6.18{col 49}{space 3}0.000{col 57}{space 4} 491.8578{col 70}{space 3} 955.1723
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 422.2484{col 29}{space 2} 132.9221{col 40}{space 1}    3.18{col 49}{space 3}0.002{col 57}{space 4} 159.2394{col 70}{space 3} 685.2575
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} 549.8222{col 29}{space 2} 121.4357{col 40}{space 1}    4.53{col 49}{space 3}0.000{col 57}{space 4}  309.541{col 70}{space 3} 790.1035
{txt}{space 10}1959  {c |}{col 17}{res}{space 2} 826.4777{col 29}{space 2} 124.9069{col 40}{space 1}    6.62{col 49}{space 3}0.000{col 57}{space 4} 579.3281{col 70}{space 3} 1073.627
{txt}{space 10}1960  {c |}{col 17}{res}{space 2} 614.0916{col 29}{space 2} 129.6705{col 40}{space 1}    4.74{col 49}{space 3}0.000{col 57}{space 4} 357.5164{col 70}{space 3} 870.6668
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} 701.9265{col 29}{space 2} 137.6007{col 40}{space 1}    5.10{col 49}{space 3}0.000{col 57}{space 4} 429.6599{col 70}{space 3} 974.1931
{txt}{space 10}1962  {c |}{col 17}{res}{space 2} 851.6627{col 29}{space 2} 126.9521{col 40}{space 1}    6.71{col 49}{space 3}0.000{col 57}{space 4} 600.4663{col 70}{space 3} 1102.859
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 848.2586{col 29}{space 2} 145.5025{col 40}{space 1}    5.83{col 49}{space 3}0.000{col 57}{space 4} 560.3571{col 70}{space 3}  1136.16
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 1035.702{col 29}{space 2} 150.6208{col 40}{space 1}    6.88{col 49}{space 3}0.000{col 57}{space 4}  737.673{col 70}{space 3} 1333.731
{txt}{space 10}1965  {c |}{col 17}{res}{space 2} 1073.067{col 29}{space 2} 156.7504{col 40}{space 1}    6.85{col 49}{space 3}0.000{col 57}{space 4} 762.9098{col 70}{space 3} 1383.225
{txt}{space 10}1966  {c |}{col 17}{res}{space 2}  1134.51{col 29}{space 2}  180.143{col 40}{space 1}    6.30{col 49}{space 3}0.000{col 57}{space 4} 778.0661{col 70}{space 3} 1490.954
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 1182.491{col 29}{space 2} 194.2372{col 40}{space 1}    6.09{col 49}{space 3}0.000{col 57}{space 4} 798.1597{col 70}{space 3} 1566.823
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 1279.654{col 29}{space 2} 216.2104{col 40}{space 1}    5.92{col 49}{space 3}0.000{col 57}{space 4} 851.8447{col 70}{space 3} 1707.463
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 1306.856{col 29}{space 2} 244.2379{col 40}{space 1}    5.35{col 49}{space 3}0.000{col 57}{space 4} 823.5896{col 70}{space 3} 1790.122
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 1130.746{col 29}{space 2} 266.0799{col 40}{space 1}    4.25{col 49}{space 3}0.000{col 57}{space 4} 604.2612{col 70}{space 3}  1657.23
{txt}{space 10}1971  {c |}{col 17}{res}{space 2} 1307.372{col 29}{space 2} 282.0771{col 40}{space 1}    4.63{col 49}{space 3}0.000{col 57}{space 4} 749.2347{col 70}{space 3}  1865.51
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 1726.835{col 29}{space 2} 301.4983{col 40}{space 1}    5.73{col 49}{space 3}0.000{col 57}{space 4} 1130.269{col 70}{space 3} 2323.401
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 1660.653{col 29}{space 2} 334.9531{col 40}{space 1}    4.96{col 49}{space 3}0.000{col 57}{space 4} 997.8913{col 70}{space 3} 2323.415
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 1040.633{col 29}{space 2} 349.0572{col 40}{space 1}    2.98{col 49}{space 3}0.003{col 57}{space 4}  349.964{col 70}{space 3} 1731.303
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} 1163.755{col 29}{space 2}  377.846{col 40}{space 1}    3.08{col 49}{space 3}0.003{col 57}{space 4} 416.1225{col 70}{space 3} 1911.388
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} 1772.147{col 29}{space 2} 359.3879{col 40}{space 1}    4.93{col 49}{space 3}0.000{col 57}{space 4} 1061.036{col 70}{space 3} 2483.257
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} 1705.919{col 29}{space 2} 389.5451{col 40}{space 1}    4.38{col 49}{space 3}0.000{col 57}{space 4} 935.1369{col 70}{space 3}   2476.7
{txt}{space 10}1978  {c |}{col 17}{res}{space 2} 1884.181{col 29}{space 2} 423.3845{col 40}{space 1}    4.45{col 49}{space 3}0.000{col 57}{space 4} 1046.442{col 70}{space 3} 2721.919
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}  1475.26{col 29}{space 2} 414.9114{col 40}{space 1}    3.56{col 49}{space 3}0.001{col 57}{space 4} 654.2873{col 70}{space 3} 2296.234
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 1340.359{col 29}{space 2}  453.092{col 40}{space 1}    2.96{col 49}{space 3}0.004{col 57}{space 4} 443.8386{col 70}{space 3} 2236.878
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 664.9785{col 29}{space 2} 362.0295{col 40}{space 1}    1.84{col 49}{space 3}0.069{col 57}{space 4}-51.35869{col 70}{space 3} 1381.316
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. predict allstates43114280inc
{txt}(option xb assumed; fitted values)
(196 missing values generated)

{com}. 
. reg d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney i.state_fips i.year if year <=1980 &  newsouth==1

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       175
{txt}{hline 13}{c +}{hline 34}   F(46, 128)      = {res}    20.83
{txt}       Model {c |} {res}   11156406        46  242530.565   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 1490033.35       128  11640.8855   {txt}R-squared       ={res}    0.8822
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.8398
{txt}       Total {c |} {res} 12646439.3       174  72680.6858   {txt}Root MSE        =   {res} 107.89

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.2019729{col 29}{space 2} .0507696{col 40}{space 1}   -3.98{col 49}{space 3}0.000{col 57}{space 4}-.3024292{col 70}{space 3}-.1015165
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} 4.359067{col 29}{space 2} 1.188952{col 40}{space 1}    3.67{col 49}{space 3}0.000{col 57}{space 4} 2.006522{col 70}{space 3} 6.711612
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .1271186{col 29}{space 2} .0835412{col 40}{space 1}    1.52{col 49}{space 3}0.131{col 57}{space 4} -.038182{col 70}{space 3} .2924191
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}D1. {c |}{col 17}{res}{space 2}  3.02185{col 29}{space 2} 1.454804{col 40}{space 1}    2.08{col 49}{space 3}0.040{col 57}{space 4} .1432732{col 70}{space 3} 5.900428
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .1236531{col 29}{space 2} .0834036{col 40}{space 1}    1.48{col 49}{space 3}0.141{col 57}{space 4}-.0413751{col 70}{space 3} .2886814
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} -1.28684{col 29}{space 2} 1.494142{col 40}{space 1}   -0.86{col 49}{space 3}0.391{col 57}{space 4}-4.243254{col 70}{space 3} 1.669575
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0006789{col 29}{space 2} .0754693{col 40}{space 1}    0.01{col 49}{space 3}0.993{col 57}{space 4}-.1486499{col 70}{space 3} .1500077
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} 1.287918{col 29}{space 2} 1.498476{col 40}{space 1}    0.86{col 49}{space 3}0.392{col 57}{space 4}-1.677073{col 70}{space 3} 4.252909
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2}-167.4203{col 29}{space 2} 59.48174{col 40}{space 1}   -2.81{col 49}{space 3}0.006{col 57}{space 4}-285.1151{col 70}{space 3}-49.72551
{txt}{space 12}37  {c |}{col 17}{res}{space 2}-244.4939{col 29}{space 2} 71.44707{col 40}{space 1}   -3.42{col 49}{space 3}0.001{col 57}{space 4}-385.8642{col 70}{space 3}-103.1237
{txt}{space 12}48  {c |}{col 17}{res}{space 2} 62.15492{col 29}{space 2} 34.43314{col 40}{space 1}    1.81{col 49}{space 3}0.073{col 57}{space 4} -5.97693{col 70}{space 3} 130.2868
{txt}{space 12}51  {c |}{col 17}{res}{space 2} 16.07793{col 29}{space 2} 28.42719{col 40}{space 1}    0.57{col 49}{space 3}0.573{col 57}{space 4}-40.17012{col 70}{space 3} 72.32599
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1947  {c |}{col 17}{res}{space 2}-54.96301{col 29}{space 2} 84.66331{col 40}{space 1}   -0.65{col 49}{space 3}0.517{col 57}{space 4}-222.4838{col 70}{space 3} 112.5578
{txt}{space 10}1948  {c |}{col 17}{res}{space 2} 439.6344{col 29}{space 2} 109.1512{col 40}{space 1}    4.03{col 49}{space 3}0.000{col 57}{space 4} 223.6601{col 70}{space 3} 655.6087
{txt}{space 10}1949  {c |}{col 17}{res}{space 2} 422.0108{col 29}{space 2} 118.4303{col 40}{space 1}    3.56{col 49}{space 3}0.001{col 57}{space 4} 187.6762{col 70}{space 3} 656.3453
{txt}{space 10}1950  {c |}{col 17}{res}{space 2} 665.3455{col 29}{space 2}   106.46{col 40}{space 1}    6.25{col 49}{space 3}0.000{col 57}{space 4} 454.6962{col 70}{space 3} 875.9947
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} 457.4633{col 29}{space 2} 86.51839{col 40}{space 1}    5.29{col 49}{space 3}0.000{col 57}{space 4} 286.2718{col 70}{space 3} 628.6547
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} 512.1188{col 29}{space 2} 80.26186{col 40}{space 1}    6.38{col 49}{space 3}0.000{col 57}{space 4}  353.307{col 70}{space 3} 670.9306
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 538.5299{col 29}{space 2} 75.20357{col 40}{space 1}    7.16{col 49}{space 3}0.000{col 57}{space 4} 389.7268{col 70}{space 3}  687.333
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} 446.2183{col 29}{space 2} 82.53698{col 40}{space 1}    5.41{col 49}{space 3}0.000{col 57}{space 4} 282.9047{col 70}{space 3} 609.5318
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} 808.8476{col 29}{space 2} 82.88067{col 40}{space 1}    9.76{col 49}{space 3}0.000{col 57}{space 4}  644.854{col 70}{space 3} 972.8411
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} 723.5151{col 29}{space 2} 93.16397{col 40}{space 1}    7.77{col 49}{space 3}0.000{col 57}{space 4} 539.1742{col 70}{space 3} 907.8559
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 422.2484{col 29}{space 2} 95.96896{col 40}{space 1}    4.40{col 49}{space 3}0.000{col 57}{space 4} 232.3574{col 70}{space 3} 612.1394
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} 549.8222{col 29}{space 2} 86.08266{col 40}{space 1}    6.39{col 49}{space 3}0.000{col 57}{space 4}  379.493{col 70}{space 3} 720.1515
{txt}{space 10}1959  {c |}{col 17}{res}{space 2} 826.4777{col 29}{space 2} 98.19098{col 40}{space 1}    8.42{col 49}{space 3}0.000{col 57}{space 4} 632.1901{col 70}{space 3} 1020.765
{txt}{space 10}1960  {c |}{col 17}{res}{space 2} 614.0916{col 29}{space 2} 112.8289{col 40}{space 1}    5.44{col 49}{space 3}0.000{col 57}{space 4} 390.8403{col 70}{space 3} 837.3429
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} 701.9265{col 29}{space 2} 105.6956{col 40}{space 1}    6.64{col 49}{space 3}0.000{col 57}{space 4} 492.7897{col 70}{space 3} 911.0633
{txt}{space 10}1962  {c |}{col 17}{res}{space 2} 851.6627{col 29}{space 2} 103.3483{col 40}{space 1}    8.24{col 49}{space 3}0.000{col 57}{space 4} 647.1705{col 70}{space 3} 1056.155
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 848.2586{col 29}{space 2} 116.3912{col 40}{space 1}    7.29{col 49}{space 3}0.000{col 57}{space 4} 617.9587{col 70}{space 3} 1078.558
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 1035.702{col 29}{space 2} 116.8393{col 40}{space 1}    8.86{col 49}{space 3}0.000{col 57}{space 4} 804.5155{col 70}{space 3} 1266.888
{txt}{space 10}1965  {c |}{col 17}{res}{space 2} 1073.067{col 29}{space 2} 125.6536{col 40}{space 1}    8.54{col 49}{space 3}0.000{col 57}{space 4} 824.4401{col 70}{space 3} 1321.694
{txt}{space 10}1966  {c |}{col 17}{res}{space 2}  1134.51{col 29}{space 2} 136.9387{col 40}{space 1}    8.28{col 49}{space 3}0.000{col 57}{space 4} 863.5531{col 70}{space 3} 1405.466
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 1182.491{col 29}{space 2} 148.0257{col 40}{space 1}    7.99{col 49}{space 3}0.000{col 57}{space 4} 889.5971{col 70}{space 3} 1475.385
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 1279.654{col 29}{space 2} 163.6267{col 40}{space 1}    7.82{col 49}{space 3}0.000{col 57}{space 4} 955.8906{col 70}{space 3} 1603.417
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 1306.856{col 29}{space 2} 180.5194{col 40}{space 1}    7.24{col 49}{space 3}0.000{col 57}{space 4} 949.6674{col 70}{space 3} 1664.044
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 1130.746{col 29}{space 2} 194.3893{col 40}{space 1}    5.82{col 49}{space 3}0.000{col 57}{space 4} 746.1134{col 70}{space 3} 1515.378
{txt}{space 10}1971  {c |}{col 17}{res}{space 2} 1307.372{col 29}{space 2} 203.3143{col 40}{space 1}    6.43{col 49}{space 3}0.000{col 57}{space 4} 905.0804{col 70}{space 3} 1709.665
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 1726.835{col 29}{space 2} 220.1336{col 40}{space 1}    7.84{col 49}{space 3}0.000{col 57}{space 4} 1291.263{col 70}{space 3} 2162.407
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 1660.653{col 29}{space 2} 252.7757{col 40}{space 1}    6.57{col 49}{space 3}0.000{col 57}{space 4} 1160.493{col 70}{space 3} 2160.813
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 1040.633{col 29}{space 2} 267.0627{col 40}{space 1}    3.90{col 49}{space 3}0.000{col 57}{space 4} 512.2042{col 70}{space 3} 1569.062
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} 1163.755{col 29}{space 2} 259.9729{col 40}{space 1}    4.48{col 49}{space 3}0.000{col 57}{space 4} 649.3544{col 70}{space 3} 1678.156
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} 1772.147{col 29}{space 2} 271.1216{col 40}{space 1}    6.54{col 49}{space 3}0.000{col 57}{space 4} 1235.686{col 70}{space 3} 2308.607
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} 1705.919{col 29}{space 2} 304.5458{col 40}{space 1}    5.60{col 49}{space 3}0.000{col 57}{space 4} 1103.323{col 70}{space 3} 2308.514
{txt}{space 10}1978  {c |}{col 17}{res}{space 2} 1884.181{col 29}{space 2}  307.713{col 40}{space 1}    6.12{col 49}{space 3}0.000{col 57}{space 4} 1275.318{col 70}{space 3} 2493.044
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}  1475.26{col 29}{space 2} 310.9306{col 40}{space 1}    4.74{col 49}{space 3}0.000{col 57}{space 4} 860.0311{col 70}{space 3}  2090.49
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 1340.359{col 29}{space 2} 317.8811{col 40}{space 1}    4.22{col 49}{space 3}0.000{col 57}{space 4} 711.3765{col 70}{space 3}  1969.34
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 664.9785{col 29}{space 2} 277.6288{col 40}{space 1}    2.40{col 49}{space 3}0.018{col 57}{space 4} 115.6426{col 70}{space 3} 1214.314
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. 
. predict allstates43114280incols
{txt}(option {bf:xb} assumed; fitted values)
(196 missing values generated)

{com}. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       175{col 27}-1227.273{col 38}-1040.148{col 49}    47{col 58} 2174.295{col 69}  2323.04
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. //pc (4,3)
. 
. newey d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann i.state_fips i.year if year <=1980 &  newsouth==1, lag(6) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       175
{txt}maximum lag: {res}6{col 49}{txt}F( 46,       128){col 67}= {res}      6.12
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}  Newey-West
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.2362092{col 29}{space 2} .0708083{col 40}{space 1}   -3.34{col 49}{space 3}0.001{col 57}{space 4}-.3763155{col 70}{space 3} -.096103
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0042617{col 29}{space 2} .0023849{col 40}{space 1}    1.79{col 49}{space 3}0.076{col 57}{space 4}-.0004572{col 70}{space 3} .0089806
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-.0100738{col 29}{space 2} .0655676{col 40}{space 1}   -0.15{col 49}{space 3}0.878{col 57}{space 4}-.1398105{col 70}{space 3}  .119663
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} .0110272{col 29}{space 2}  .005677{col 40}{space 1}    1.94{col 49}{space 3}0.054{col 57}{space 4}-.0002058{col 70}{space 3} .0222601
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.2362534{col 29}{space 2} .1024452{col 40}{space 1}   -2.31{col 49}{space 3}0.023{col 57}{space 4}-.4389586{col 70}{space 3}-.0335481
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0025041{col 29}{space 2} .0036964{col 40}{space 1}    0.68{col 49}{space 3}0.499{col 57}{space 4}-.0048098{col 70}{space 3} .0098181
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}-.0476434{col 29}{space 2} .0837928{col 40}{space 1}   -0.57{col 49}{space 3}0.571{col 57}{space 4}-.2134418{col 70}{space 3}  .118155
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0013428{col 29}{space 2} .0033684{col 40}{space 1}   -0.40{col 49}{space 3}0.691{col 57}{space 4}-.0080078{col 70}{space 3} .0053221
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2}  -.04913{col 29}{space 2} 3.335253{col 40}{space 1}   -0.01{col 49}{space 3}0.988{col 57}{space 4}-6.648497{col 70}{space 3} 6.550237
{txt}{space 12}37  {c |}{col 17}{res}{space 2}   2.3723{col 29}{space 2} 3.530887{col 40}{space 1}    0.67{col 49}{space 3}0.503{col 57}{space 4}-4.614164{col 70}{space 3} 9.358764
{txt}{space 12}48  {c |}{col 17}{res}{space 2}-5.090346{col 29}{space 2} 2.627143{col 40}{space 1}   -1.94{col 49}{space 3}0.055{col 57}{space 4} -10.2886{col 70}{space 3} .1079043
{txt}{space 12}51  {c |}{col 17}{res}{space 2}-1.546215{col 29}{space 2} 2.111606{col 40}{space 1}   -0.73{col 49}{space 3}0.465{col 57}{space 4}-5.724389{col 70}{space 3} 2.631959
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1947  {c |}{col 17}{res}{space 2} 2.568118{col 29}{space 2} 2.884465{col 40}{space 1}    0.89{col 49}{space 3}0.375{col 57}{space 4} -3.13929{col 70}{space 3} 8.275525
{txt}{space 10}1948  {c |}{col 17}{res}{space 2}-1.701345{col 29}{space 2}  3.88681{col 40}{space 1}   -0.44{col 49}{space 3}0.662{col 57}{space 4}-9.392063{col 70}{space 3} 5.989372
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-3.673645{col 29}{space 2} 3.663309{col 40}{space 1}   -1.00{col 49}{space 3}0.318{col 57}{space 4}-10.92213{col 70}{space 3} 3.574838
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}-6.577613{col 29}{space 2} 4.262794{col 40}{space 1}   -1.54{col 49}{space 3}0.125{col 57}{space 4}-15.01228{col 70}{space 3} 1.857054
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} -6.00013{col 29}{space 2} 3.712421{col 40}{space 1}   -1.62{col 49}{space 3}0.109{col 57}{space 4}-13.34579{col 70}{space 3} 1.345529
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}-5.375691{col 29}{space 2} 3.324678{col 40}{space 1}   -1.62{col 49}{space 3}0.108{col 57}{space 4}-11.95413{col 70}{space 3} 1.202752
{txt}{space 10}1953  {c |}{col 17}{res}{space 2}-4.520136{col 29}{space 2} 3.529197{col 40}{space 1}   -1.28{col 49}{space 3}0.203{col 57}{space 4}-11.50325{col 70}{space 3} 2.462983
{txt}{space 10}1954  {c |}{col 17}{res}{space 2}-5.088746{col 29}{space 2} 2.976538{col 40}{space 1}   -1.71{col 49}{space 3}0.090{col 57}{space 4}-10.97834{col 70}{space 3} .8008435
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}-8.993928{col 29}{space 2} 4.574974{col 40}{space 1}   -1.97{col 49}{space 3}0.051{col 57}{space 4} -18.0463{col 70}{space 3} .0584392
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-10.00638{col 29}{space 2} 4.778025{col 40}{space 1}   -2.09{col 49}{space 3}0.038{col 57}{space 4}-19.46052{col 70}{space 3}-.5522412
{txt}{space 10}1957  {c |}{col 17}{res}{space 2}-5.614001{col 29}{space 2} 3.611762{col 40}{space 1}   -1.55{col 49}{space 3}0.123{col 57}{space 4}-12.76049{col 70}{space 3} 1.532488
{txt}{space 10}1958  {c |}{col 17}{res}{space 2}-6.454021{col 29}{space 2}  3.73495{col 40}{space 1}   -1.73{col 49}{space 3}0.086{col 57}{space 4}-13.84426{col 70}{space 3} .9362161
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-12.20521{col 29}{space 2} 5.620644{col 40}{space 1}   -2.17{col 49}{space 3}0.032{col 57}{space 4}-23.32661{col 70}{space 3}-1.083802
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-9.665425{col 29}{space 2} 4.542419{col 40}{space 1}   -2.13{col 49}{space 3}0.035{col 57}{space 4}-18.65338{col 70}{space 3}-.6774725
{txt}{space 10}1961  {c |}{col 17}{res}{space 2}-7.481298{col 29}{space 2} 4.815882{col 40}{space 1}   -1.55{col 49}{space 3}0.123{col 57}{space 4}-17.01034{col 70}{space 3} 2.047749
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}-11.74959{col 29}{space 2} 5.581059{col 40}{space 1}   -2.11{col 49}{space 3}0.037{col 57}{space 4}-22.79267{col 70}{space 3}-.7065139
{txt}{space 10}1963  {c |}{col 17}{res}{space 2}-8.417818{col 29}{space 2} 5.794317{col 40}{space 1}   -1.45{col 49}{space 3}0.149{col 57}{space 4}-19.88286{col 70}{space 3} 3.047227
{txt}{space 10}1964  {c |}{col 17}{res}{space 2}-11.54829{col 29}{space 2} 6.715837{col 40}{space 1}   -1.72{col 49}{space 3}0.088{col 57}{space 4}-24.83672{col 70}{space 3} 1.740142
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}-14.47058{col 29}{space 2} 7.506856{col 40}{space 1}   -1.93{col 49}{space 3}0.056{col 57}{space 4}-29.32418{col 70}{space 3} .3830159
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} -13.8959{col 29}{space 2} 7.773397{col 40}{space 1}   -1.79{col 49}{space 3}0.076{col 57}{space 4}-29.27689{col 70}{space 3} 1.485096
{txt}{space 10}1967  {c |}{col 17}{res}{space 2}-1.894045{col 29}{space 2} 14.09433{col 40}{space 1}   -0.13{col 49}{space 3}0.893{col 57}{space 4}-29.78209{col 70}{space 3}   25.994
{txt}{space 10}1968  {c |}{col 17}{res}{space 2}-12.60784{col 29}{space 2} 9.109086{col 40}{space 1}   -1.38{col 49}{space 3}0.169{col 57}{space 4}-30.63173{col 70}{space 3} 5.416038
{txt}{space 10}1969  {c |}{col 17}{res}{space 2}-12.62501{col 29}{space 2} 9.851643{col 40}{space 1}   -1.28{col 49}{space 3}0.202{col 57}{space 4}-32.11817{col 70}{space 3} 6.868149
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} -11.8828{col 29}{space 2} 10.18328{col 40}{space 1}   -1.17{col 49}{space 3}0.245{col 57}{space 4}-32.03216{col 70}{space 3} 8.266573
{txt}{space 10}1971  {c |}{col 17}{res}{space 2} -20.6275{col 29}{space 2} 10.08534{col 40}{space 1}   -2.05{col 49}{space 3}0.043{col 57}{space 4}-40.58307{col 70}{space 3} -.671926
{txt}{space 10}1972  {c |}{col 17}{res}{space 2}-22.54991{col 29}{space 2}  11.6844{col 40}{space 1}   -1.93{col 49}{space 3}0.056{col 57}{space 4} -45.6695{col 70}{space 3} .5696777
{txt}{space 10}1973  {c |}{col 17}{res}{space 2}-15.34035{col 29}{space 2} 11.94604{col 40}{space 1}   -1.28{col 49}{space 3}0.201{col 57}{space 4}-38.97762{col 70}{space 3} 8.296929
{txt}{space 10}1974  {c |}{col 17}{res}{space 2}-15.98851{col 29}{space 2} 11.38462{col 40}{space 1}   -1.40{col 49}{space 3}0.163{col 57}{space 4}-38.51493{col 70}{space 3} 6.537914
{txt}{space 10}1975  {c |}{col 17}{res}{space 2}-26.91466{col 29}{space 2} 15.62598{col 40}{space 1}   -1.72{col 49}{space 3}0.087{col 57}{space 4}-57.83333{col 70}{space 3} 4.003999
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-26.06368{col 29}{space 2} 14.74574{col 40}{space 1}   -1.77{col 49}{space 3}0.080{col 57}{space 4}-55.24065{col 70}{space 3} 3.113289
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}-31.74895{col 29}{space 2} 15.33723{col 40}{space 1}   -2.07{col 49}{space 3}0.040{col 57}{space 4}-62.09628{col 70}{space 3}-1.401615
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}-29.77014{col 29}{space 2} 14.75064{col 40}{space 1}   -2.02{col 49}{space 3}0.046{col 57}{space 4} -58.9568{col 70}{space 3}-.5834707
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}-23.15824{col 29}{space 2} 14.48785{col 40}{space 1}   -1.60{col 49}{space 3}0.112{col 57}{space 4}-51.82492{col 70}{space 3} 5.508439
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} -19.1076{col 29}{space 2} 14.57837{col 40}{space 1}   -1.31{col 49}{space 3}0.192{col 57}{space 4}-47.95339{col 70}{space 3} 9.738183
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-15.49195{col 29}{space 2} 12.56999{col 40}{space 1}   -1.23{col 49}{space 3}0.220{col 57}{space 4}-40.36382{col 70}{space 3} 9.379915
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. predict allstates43114280pc
{txt}(option xb assumed; fitted values)
(196 missing values generated)

{com}. 
. reg d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann i.state_fips i.year if year <=1980 &  newsouth==1

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       175
{txt}{hline 13}{c +}{hline 34}   F(46, 128)      = {res}     2.51
{txt}       Model {c |} {res} 4804.05254        46  104.435925   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 5331.59938       128  41.6531202   {txt}R-squared       ={res}    0.4740
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.2849
{txt}       Total {c |} {res} 10135.6519       174  58.2508731   {txt}Root MSE        =   {res} 6.4539

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.2362092{col 29}{space 2} .0737594{col 40}{space 1}   -3.20{col 49}{space 3}0.002{col 57}{space 4}-.3821549{col 70}{space 3}-.0902636
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0042617{col 29}{space 2} .0029943{col 40}{space 1}    1.42{col 49}{space 3}0.157{col 57}{space 4}-.0016631{col 70}{space 3} .0101865
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-.0100738{col 29}{space 2} .0984577{col 40}{space 1}   -0.10{col 49}{space 3}0.919{col 57}{space 4}-.2048891{col 70}{space 3} .1847416
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} .0110272{col 29}{space 2} .0052122{col 40}{space 1}    2.12{col 49}{space 3}0.036{col 57}{space 4} .0007139{col 70}{space 3} .0213405
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.2362534{col 29}{space 2} .0901062{col 40}{space 1}   -2.62{col 49}{space 3}0.010{col 57}{space 4}-.4145439{col 70}{space 3}-.0579628
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0025041{col 29}{space 2} .0050996{col 40}{space 1}    0.49{col 49}{space 3}0.624{col 57}{space 4}-.0075863{col 70}{space 3} .0125945
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}-.0476434{col 29}{space 2} .0908782{col 40}{space 1}   -0.52{col 49}{space 3}0.601{col 57}{space 4}-.2274614{col 70}{space 3} .1321746
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0013428{col 29}{space 2} .0050281{col 40}{space 1}   -0.27{col 49}{space 3}0.790{col 57}{space 4}-.0112917{col 70}{space 3}  .008606
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2}  -.04913{col 29}{space 2} 3.447322{col 40}{space 1}   -0.01{col 49}{space 3}0.989{col 57}{space 4}-6.870245{col 70}{space 3} 6.771985
{txt}{space 12}37  {c |}{col 17}{res}{space 2}   2.3723{col 29}{space 2} 4.219953{col 40}{space 1}    0.56{col 49}{space 3}0.575{col 57}{space 4}-5.977599{col 70}{space 3}  10.7222
{txt}{space 12}48  {c |}{col 17}{res}{space 2}-5.090346{col 29}{space 2} 2.033883{col 40}{space 1}   -2.50{col 49}{space 3}0.014{col 57}{space 4}-9.114731{col 70}{space 3}-1.065962
{txt}{space 12}51  {c |}{col 17}{res}{space 2}-1.546215{col 29}{space 2} 1.683035{col 40}{space 1}   -0.92{col 49}{space 3}0.360{col 57}{space 4}-4.876388{col 70}{space 3} 1.783958
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1947  {c |}{col 17}{res}{space 2} 2.568118{col 29}{space 2} 5.013077{col 40}{space 1}    0.51{col 49}{space 3}0.609{col 57}{space 4}-7.351111{col 70}{space 3} 12.48735
{txt}{space 10}1948  {c |}{col 17}{res}{space 2}-1.701345{col 29}{space 2} 6.768255{col 40}{space 1}   -0.25{col 49}{space 3}0.802{col 57}{space 4} -15.0935{col 70}{space 3}  11.6908
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-3.673645{col 29}{space 2} 6.447222{col 40}{space 1}   -0.57{col 49}{space 3}0.570{col 57}{space 4}-16.43057{col 70}{space 3} 9.083284
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}-6.577613{col 29}{space 2} 5.925913{col 40}{space 1}   -1.11{col 49}{space 3}0.269{col 57}{space 4}-18.30304{col 70}{space 3} 5.147817
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} -6.00013{col 29}{space 2} 5.279724{col 40}{space 1}   -1.14{col 49}{space 3}0.258{col 57}{space 4}-16.44697{col 70}{space 3} 4.446706
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}-5.375691{col 29}{space 2} 4.954177{col 40}{space 1}   -1.09{col 49}{space 3}0.280{col 57}{space 4}-15.17838{col 70}{space 3} 4.426995
{txt}{space 10}1953  {c |}{col 17}{res}{space 2}-4.520136{col 29}{space 2} 5.183104{col 40}{space 1}   -0.87{col 49}{space 3}0.385{col 57}{space 4}-14.77579{col 70}{space 3} 5.735521
{txt}{space 10}1954  {c |}{col 17}{res}{space 2}-5.088746{col 29}{space 2}   4.8789{col 40}{space 1}   -1.04{col 49}{space 3}0.299{col 57}{space 4}-14.74248{col 70}{space 3}  4.56499
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}-8.993928{col 29}{space 2} 6.069159{col 40}{space 1}   -1.48{col 49}{space 3}0.141{col 57}{space 4} -21.0028{col 70}{space 3}  3.01494
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-10.00638{col 29}{space 2} 6.139257{col 40}{space 1}   -1.63{col 49}{space 3}0.106{col 57}{space 4}-22.15395{col 70}{space 3} 2.141188
{txt}{space 10}1957  {c |}{col 17}{res}{space 2}-5.614001{col 29}{space 2} 4.954351{col 40}{space 1}   -1.13{col 49}{space 3}0.259{col 57}{space 4}-15.41703{col 70}{space 3}  4.18903
{txt}{space 10}1958  {c |}{col 17}{res}{space 2}-6.454021{col 29}{space 2} 5.509855{col 40}{space 1}   -1.17{col 49}{space 3}0.244{col 57}{space 4}-17.35621{col 70}{space 3}  4.44817
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-12.20521{col 29}{space 2} 6.778727{col 40}{space 1}   -1.80{col 49}{space 3}0.074{col 57}{space 4}-25.61808{col 70}{space 3} 1.207663
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-9.665425{col 29}{space 2}  6.13532{col 40}{space 1}   -1.58{col 49}{space 3}0.118{col 57}{space 4} -21.8052{col 70}{space 3} 2.474354
{txt}{space 10}1961  {c |}{col 17}{res}{space 2}-7.481298{col 29}{space 2} 6.112901{col 40}{space 1}   -1.22{col 49}{space 3}0.223{col 57}{space 4}-19.57672{col 70}{space 3} 4.614122
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}-11.74959{col 29}{space 2} 6.995199{col 40}{space 1}   -1.68{col 49}{space 3}0.095{col 57}{space 4}-25.59079{col 70}{space 3} 2.091605
{txt}{space 10}1963  {c |}{col 17}{res}{space 2}-8.417818{col 29}{space 2} 7.114492{col 40}{space 1}   -1.18{col 49}{space 3}0.239{col 57}{space 4}-22.49506{col 70}{space 3} 5.659419
{txt}{space 10}1964  {c |}{col 17}{res}{space 2}-11.54829{col 29}{space 2} 7.845179{col 40}{space 1}   -1.47{col 49}{space 3}0.143{col 57}{space 4}-27.07132{col 70}{space 3} 3.974737
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}-14.47058{col 29}{space 2} 8.486303{col 40}{space 1}   -1.71{col 49}{space 3}0.091{col 57}{space 4}-31.26218{col 70}{space 3} 2.321018
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} -13.8959{col 29}{space 2}  9.08484{col 40}{space 1}   -1.53{col 49}{space 3}0.129{col 57}{space 4}-31.87181{col 70}{space 3} 4.080008
{txt}{space 10}1967  {c |}{col 17}{res}{space 2}-1.894045{col 29}{space 2} 10.01703{col 40}{space 1}   -0.19{col 49}{space 3}0.850{col 57}{space 4}-21.71445{col 70}{space 3} 17.92636
{txt}{space 10}1968  {c |}{col 17}{res}{space 2}-12.60784{col 29}{space 2} 10.95607{col 40}{space 1}   -1.15{col 49}{space 3}0.252{col 57}{space 4}-34.28629{col 70}{space 3} 9.070602
{txt}{space 10}1969  {c |}{col 17}{res}{space 2}-12.62501{col 29}{space 2} 11.79144{col 40}{space 1}   -1.07{col 49}{space 3}0.286{col 57}{space 4}-35.95639{col 70}{space 3} 10.70637
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} -11.8828{col 29}{space 2} 12.01163{col 40}{space 1}   -0.99{col 49}{space 3}0.324{col 57}{space 4}-35.64985{col 70}{space 3} 11.88426
{txt}{space 10}1971  {c |}{col 17}{res}{space 2} -20.6275{col 29}{space 2} 12.79436{col 40}{space 1}   -1.61{col 49}{space 3}0.109{col 57}{space 4}-45.94331{col 70}{space 3} 4.688322
{txt}{space 10}1972  {c |}{col 17}{res}{space 2}-22.54991{col 29}{space 2} 14.84515{col 40}{space 1}   -1.52{col 49}{space 3}0.131{col 57}{space 4}-51.92358{col 70}{space 3} 6.823762
{txt}{space 10}1973  {c |}{col 17}{res}{space 2}-15.34035{col 29}{space 2} 15.72936{col 40}{space 1}   -0.98{col 49}{space 3}0.331{col 57}{space 4}-46.46358{col 70}{space 3} 15.78288
{txt}{space 10}1974  {c |}{col 17}{res}{space 2}-15.98851{col 29}{space 2} 14.97397{col 40}{space 1}   -1.07{col 49}{space 3}0.288{col 57}{space 4}-45.61706{col 70}{space 3} 13.64005
{txt}{space 10}1975  {c |}{col 17}{res}{space 2}-26.91466{col 29}{space 2}  15.4499{col 40}{space 1}   -1.74{col 49}{space 3}0.084{col 57}{space 4}-57.48494{col 70}{space 3}  3.65561
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-26.06368{col 29}{space 2} 17.53091{col 40}{space 1}   -1.49{col 49}{space 3}0.140{col 57}{space 4}-60.75157{col 70}{space 3} 8.624213
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}-31.74895{col 29}{space 2} 17.65531{col 40}{space 1}   -1.80{col 49}{space 3}0.074{col 57}{space 4}-66.68299{col 70}{space 3} 3.185092
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}-29.77014{col 29}{space 2} 18.18638{col 40}{space 1}   -1.64{col 49}{space 3}0.104{col 57}{space 4}-65.75499{col 70}{space 3} 6.214717
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}-23.15824{col 29}{space 2}  18.3933{col 40}{space 1}   -1.26{col 49}{space 3}0.210{col 57}{space 4}-59.55253{col 70}{space 3} 13.23605
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} -19.1076{col 29}{space 2}  18.2673{col 40}{space 1}   -1.05{col 49}{space 3}0.298{col 57}{space 4}-55.25258{col 70}{space 3} 17.03737
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-15.49195{col 29}{space 2} 16.57467{col 40}{space 1}   -0.93{col 49}{space 3}0.352{col 57}{space 4}-48.28777{col 70}{space 3} 17.30386
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. 
. predict allstates43114280pcols
{txt}(option {bf:xb} assumed; fitted values)
(196 missing values generated)

{com}. 
. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       175{col 27}-603.4792{col 38}-547.2685{col 49}    47{col 58} 1188.537{col 69} 1337.282
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. //reduced (1,1) to (4,3)
. //inc
. newey d.real_pc_inc_ann l.real_pc_inc_ann l.klarnerranney d.klarnerranney i.state_fips i.year if allstates43114280inc!=. & year <=1980 &  newsouth==1, lag(6) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       175
{txt}maximum lag: {res}6{col 49}{txt}F( 41,       133){col 67}= {res}     99.01
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}{col 29}  Newey-West
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1680927{col 29}{space 2} .0504016{col 40}{space 1}   -3.34{col 49}{space 3}0.001{col 57}{space 4}-.2677851{col 70}{space 3}-.0684003
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} 4.449125{col 29}{space 2} 1.387934{col 40}{space 1}    3.21{col 49}{space 3}0.002{col 57}{space 4} 1.703845{col 70}{space 3} 7.194405
{txt}{space 12}D1. {c |}{col 17}{res}{space 2}  2.78018{col 29}{space 2} 1.099843{col 40}{space 1}    2.53{col 49}{space 3}0.013{col 57}{space 4} .6047324{col 70}{space 3} 4.955628
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2}-125.4958{col 29}{space 2} 53.75689{col 40}{space 1}   -2.33{col 49}{space 3}0.021{col 57}{space 4}-231.8248{col 70}{space 3}-19.16672
{txt}{space 12}37  {c |}{col 17}{res}{space 2}-197.0177{col 29}{space 2} 66.80495{col 40}{space 1}   -2.95{col 49}{space 3}0.004{col 57}{space 4}-329.1553{col 70}{space 3}-64.88006
{txt}{space 12}48  {c |}{col 17}{res}{space 2} 75.01284{col 29}{space 2} 40.04834{col 40}{space 1}    1.87{col 49}{space 3}0.063{col 57}{space 4}-4.201216{col 70}{space 3} 154.2269
{txt}{space 12}51  {c |}{col 17}{res}{space 2} 33.27815{col 29}{space 2} 35.59158{col 40}{space 1}    0.94{col 49}{space 3}0.351{col 57}{space 4}-37.12061{col 70}{space 3} 103.6769
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1947  {c |}{col 17}{res}{space 2}-144.6058{col 29}{space 2} 129.2401{col 40}{space 1}   -1.12{col 49}{space 3}0.265{col 57}{space 4}-400.2376{col 70}{space 3} 111.0261
{txt}{space 10}1948  {c |}{col 17}{res}{space 2} 290.7713{col 29}{space 2} 98.77148{col 40}{space 1}    2.94{col 49}{space 3}0.004{col 57}{space 4} 95.40517{col 70}{space 3} 486.1375
{txt}{space 10}1949  {c |}{col 17}{res}{space 2} 325.5159{col 29}{space 2} 137.0233{col 40}{space 1}    2.38{col 49}{space 3}0.019{col 57}{space 4} 54.48907{col 70}{space 3} 596.5428
{txt}{space 10}1950  {c |}{col 17}{res}{space 2} 633.3342{col 29}{space 2} 79.55969{col 40}{space 1}    7.96{col 49}{space 3}0.000{col 57}{space 4} 475.9682{col 70}{space 3} 790.7002
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} 454.7095{col 29}{space 2} 90.43702{col 40}{space 1}    5.03{col 49}{space 3}0.000{col 57}{space 4} 275.8286{col 70}{space 3} 633.5904
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}  511.404{col 29}{space 2} 80.48446{col 40}{space 1}    6.35{col 49}{space 3}0.000{col 57}{space 4} 352.2088{col 70}{space 3} 670.5991
{txt}{space 10}1953  {c |}{col 17}{res}{space 2}  507.613{col 29}{space 2} 89.41701{col 40}{space 1}    5.68{col 49}{space 3}0.000{col 57}{space 4} 330.7496{col 70}{space 3} 684.4764
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} 410.2333{col 29}{space 2} 82.35453{col 40}{space 1}    4.98{col 49}{space 3}0.000{col 57}{space 4} 247.3393{col 70}{space 3} 573.1274
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} 758.8563{col 29}{space 2} 85.98797{col 40}{space 1}    8.83{col 49}{space 3}0.000{col 57}{space 4} 588.7754{col 70}{space 3} 928.9372
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} 688.9836{col 29}{space 2} 89.66771{col 40}{space 1}    7.68{col 49}{space 3}0.000{col 57}{space 4} 511.6243{col 70}{space 3} 866.3428
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 404.2019{col 29}{space 2}  97.8805{col 40}{space 1}    4.13{col 49}{space 3}0.000{col 57}{space 4} 210.5981{col 70}{space 3} 597.8057
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} 476.8399{col 29}{space 2} 94.14248{col 40}{space 1}    5.07{col 49}{space 3}0.000{col 57}{space 4} 290.6297{col 70}{space 3} 663.0501
{txt}{space 10}1959  {c |}{col 17}{res}{space 2} 727.9641{col 29}{space 2} 90.07811{col 40}{space 1}    8.08{col 49}{space 3}0.000{col 57}{space 4} 549.7931{col 70}{space 3} 906.1351
{txt}{space 10}1960  {c |}{col 17}{res}{space 2} 551.8807{col 29}{space 2}  91.4742{col 40}{space 1}    6.03{col 49}{space 3}0.000{col 57}{space 4} 370.9483{col 70}{space 3} 732.8131
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} 634.8915{col 29}{space 2} 88.65179{col 40}{space 1}    7.16{col 49}{space 3}0.000{col 57}{space 4} 459.5417{col 70}{space 3} 810.2413
{txt}{space 10}1962  {c |}{col 17}{res}{space 2} 762.9767{col 29}{space 2} 96.43488{col 40}{space 1}    7.91{col 49}{space 3}0.000{col 57}{space 4} 572.2323{col 70}{space 3} 953.7212
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 786.1354{col 29}{space 2} 101.7017{col 40}{space 1}    7.73{col 49}{space 3}0.000{col 57}{space 4} 584.9733{col 70}{space 3} 987.2975
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 970.3207{col 29}{space 2} 107.1421{col 40}{space 1}    9.06{col 49}{space 3}0.000{col 57}{space 4} 758.3977{col 70}{space 3} 1182.244
{txt}{space 10}1965  {c |}{col 17}{res}{space 2} 1019.638{col 29}{space 2} 117.6372{col 40}{space 1}    8.67{col 49}{space 3}0.000{col 57}{space 4}  786.956{col 70}{space 3}  1252.32
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} 1089.644{col 29}{space 2} 135.0439{col 40}{space 1}    8.07{col 49}{space 3}0.000{col 57}{space 4}  822.532{col 70}{space 3} 1356.755
{txt}{space 10}1967  {c |}{col 17}{res}{space 2}  1123.05{col 29}{space 2} 145.2445{col 40}{space 1}    7.73{col 49}{space 3}0.000{col 57}{space 4} 835.7616{col 70}{space 3} 1410.337
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 1190.926{col 29}{space 2} 160.1736{col 40}{space 1}    7.44{col 49}{space 3}0.000{col 57}{space 4} 874.1087{col 70}{space 3} 1507.743
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 1243.888{col 29}{space 2} 189.2609{col 40}{space 1}    6.57{col 49}{space 3}0.000{col 57}{space 4} 869.5371{col 70}{space 3} 1618.238
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 1042.956{col 29}{space 2}  203.606{col 40}{space 1}    5.12{col 49}{space 3}0.000{col 57}{space 4} 640.2308{col 70}{space 3}  1445.68
{txt}{space 10}1971  {c |}{col 17}{res}{space 2} 1172.064{col 29}{space 2} 208.0902{col 40}{space 1}    5.63{col 49}{space 3}0.000{col 57}{space 4}   760.47{col 70}{space 3} 1583.659
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 1575.273{col 29}{space 2} 220.1564{col 40}{space 1}    7.16{col 49}{space 3}0.000{col 57}{space 4} 1139.812{col 70}{space 3} 2010.734
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 1532.426{col 29}{space 2} 246.6755{col 40}{space 1}    6.21{col 49}{space 3}0.000{col 57}{space 4} 1044.512{col 70}{space 3} 2020.341
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 913.0983{col 29}{space 2} 262.9331{col 40}{space 1}    3.47{col 49}{space 3}0.001{col 57}{space 4} 393.0267{col 70}{space 3}  1433.17
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} 965.1993{col 29}{space 2} 277.1719{col 40}{space 1}    3.48{col 49}{space 3}0.001{col 57}{space 4}  416.964{col 70}{space 3} 1513.435
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} 1510.955{col 29}{space 2} 250.7985{col 40}{space 1}    6.02{col 49}{space 3}0.000{col 57}{space 4} 1014.885{col 70}{space 3} 2007.025
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} 1468.524{col 29}{space 2} 266.7408{col 40}{space 1}    5.51{col 49}{space 3}0.000{col 57}{space 4} 940.9208{col 70}{space 3} 1996.127
{txt}{space 10}1978  {c |}{col 17}{res}{space 2} 1705.702{col 29}{space 2} 295.5374{col 40}{space 1}    5.77{col 49}{space 3}0.000{col 57}{space 4}  1121.14{col 70}{space 3} 2290.263
{txt}{space 10}1979  {c |}{col 17}{res}{space 2} 1289.396{col 29}{space 2} 318.1133{col 40}{space 1}    4.05{col 49}{space 3}0.000{col 57}{space 4} 660.1804{col 70}{space 3} 1918.612
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 1115.694{col 29}{space 2} 318.8683{col 40}{space 1}    3.50{col 49}{space 3}0.001{col 57}{space 4}  484.985{col 70}{space 3} 1746.403
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 527.5107{col 29}{space 2} 296.0227{col 40}{space 1}    1.78{col 49}{space 3}0.077{col 57}{space 4}-58.01069{col 70}{space 3} 1113.032
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. reg d.real_pc_inc_ann l.real_pc_inc_ann l.klarnerranney d.klarnerranney i.state_fips i.year if allstates43114280incols!=. & year <=1980 &  newsouth==1

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       175
{txt}{hline 13}{c +}{hline 34}   F(41, 133)      = {res}    22.92
{txt}       Model {c |} {res} 11078356.7        41  270203.821   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 1568082.69       133  11790.0954   {txt}R-squared       ={res}    0.8760
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.8378
{txt}       Total {c |} {res} 12646439.3       174  72680.6858   {txt}Root MSE        =   {res} 108.58

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1680927{col 29}{space 2} .0430009{col 40}{space 1}   -3.91{col 49}{space 3}0.000{col 57}{space 4}-.2531468{col 70}{space 3}-.0830386
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} 4.449125{col 29}{space 2}  1.04048{col 40}{space 1}    4.28{col 49}{space 3}0.000{col 57}{space 4} 2.391096{col 70}{space 3} 6.507154
{txt}{space 12}D1. {c |}{col 17}{res}{space 2}  2.78018{col 29}{space 2} 1.423902{col 40}{space 1}    1.95{col 49}{space 3}0.053{col 57}{space 4}-.0362437{col 70}{space 3} 5.596604
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2}-125.4958{col 29}{space 2}  51.9528{col 40}{space 1}   -2.42{col 49}{space 3}0.017{col 57}{space 4}-228.2564{col 70}{space 3}-22.73514
{txt}{space 12}37  {c |}{col 17}{res}{space 2}-197.0177{col 29}{space 2}  61.4422{col 40}{space 1}   -3.21{col 49}{space 3}0.002{col 57}{space 4}-318.5479{col 70}{space 3}-75.48737
{txt}{space 12}48  {c |}{col 17}{res}{space 2} 75.01284{col 29}{space 2} 32.90751{col 40}{space 1}    2.28{col 49}{space 3}0.024{col 57}{space 4} 9.923055{col 70}{space 3} 140.1026
{txt}{space 12}51  {c |}{col 17}{res}{space 2} 33.27815{col 29}{space 2} 27.08974{col 40}{space 1}    1.23{col 49}{space 3}0.221{col 57}{space 4}-20.30431{col 70}{space 3} 86.86062
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1947  {c |}{col 17}{res}{space 2}-144.6058{col 29}{space 2} 70.72904{col 40}{space 1}   -2.04{col 49}{space 3}0.043{col 57}{space 4}-284.5051{col 70}{space 3}-4.706452
{txt}{space 10}1948  {c |}{col 17}{res}{space 2} 290.7713{col 29}{space 2} 78.01524{col 40}{space 1}    3.73{col 49}{space 3}0.000{col 57}{space 4} 136.4602{col 70}{space 3} 445.0824
{txt}{space 10}1949  {c |}{col 17}{res}{space 2} 325.5159{col 29}{space 2} 77.15967{col 40}{space 1}    4.22{col 49}{space 3}0.000{col 57}{space 4} 172.8971{col 70}{space 3} 478.1347
{txt}{space 10}1950  {c |}{col 17}{res}{space 2} 633.3342{col 29}{space 2} 75.87884{col 40}{space 1}    8.35{col 49}{space 3}0.000{col 57}{space 4} 483.2488{col 70}{space 3} 783.4196
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} 454.7095{col 29}{space 2} 70.68001{col 40}{space 1}    6.43{col 49}{space 3}0.000{col 57}{space 4} 314.9072{col 70}{space 3} 594.5118
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}  511.404{col 29}{space 2} 69.64466{col 40}{space 1}    7.34{col 49}{space 3}0.000{col 57}{space 4} 373.6496{col 70}{space 3} 649.1584
{txt}{space 10}1953  {c |}{col 17}{res}{space 2}  507.613{col 29}{space 2}  68.9104{col 40}{space 1}    7.37{col 49}{space 3}0.000{col 57}{space 4} 371.3109{col 70}{space 3} 643.9151
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} 410.2333{col 29}{space 2} 68.67955{col 40}{space 1}    5.97{col 49}{space 3}0.000{col 57}{space 4} 274.3878{col 70}{space 3} 546.0788
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} 758.8563{col 29}{space 2} 68.69224{col 40}{space 1}   11.05{col 49}{space 3}0.000{col 57}{space 4} 622.9857{col 70}{space 3} 894.7269
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} 688.9836{col 29}{space 2} 70.67938{col 40}{space 1}    9.75{col 49}{space 3}0.000{col 57}{space 4} 549.1825{col 70}{space 3} 828.7847
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 404.2019{col 29}{space 2} 73.58732{col 40}{space 1}    5.49{col 49}{space 3}0.000{col 57}{space 4}  258.649{col 70}{space 3} 549.7548
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} 476.8399{col 29}{space 2} 72.17812{col 40}{space 1}    6.61{col 49}{space 3}0.000{col 57}{space 4} 334.0744{col 70}{space 3} 619.6054
{txt}{space 10}1959  {c |}{col 17}{res}{space 2} 727.9641{col 29}{space 2} 72.41772{col 40}{space 1}   10.05{col 49}{space 3}0.000{col 57}{space 4} 584.7246{col 70}{space 3} 871.2035
{txt}{space 10}1960  {c |}{col 17}{res}{space 2} 551.8807{col 29}{space 2} 76.60141{col 40}{space 1}    7.20{col 49}{space 3}0.000{col 57}{space 4} 400.3661{col 70}{space 3} 703.3954
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} 634.8915{col 29}{space 2}  76.8876{col 40}{space 1}    8.26{col 49}{space 3}0.000{col 57}{space 4} 482.8108{col 70}{space 3} 786.9722
{txt}{space 10}1962  {c |}{col 17}{res}{space 2} 762.9767{col 29}{space 2} 78.65668{col 40}{space 1}    9.70{col 49}{space 3}0.000{col 57}{space 4} 607.3969{col 70}{space 3} 918.5566
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 786.1354{col 29}{space 2} 83.58939{col 40}{space 1}    9.40{col 49}{space 3}0.000{col 57}{space 4} 620.7988{col 70}{space 3}  951.472
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 970.3207{col 29}{space 2} 88.43546{col 40}{space 1}   10.97{col 49}{space 3}0.000{col 57}{space 4} 795.3988{col 70}{space 3} 1145.243
{txt}{space 10}1965  {c |}{col 17}{res}{space 2} 1019.638{col 29}{space 2}  98.9026{col 40}{space 1}   10.31{col 49}{space 3}0.000{col 57}{space 4} 824.0123{col 70}{space 3} 1215.263
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} 1089.644{col 29}{space 2} 110.5406{col 40}{space 1}    9.86{col 49}{space 3}0.000{col 57}{space 4} 870.9987{col 70}{space 3} 1308.289
{txt}{space 10}1967  {c |}{col 17}{res}{space 2}  1123.05{col 29}{space 2} 123.6531{col 40}{space 1}    9.08{col 49}{space 3}0.000{col 57}{space 4} 878.4684{col 70}{space 3} 1367.631
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 1190.926{col 29}{space 2} 133.4443{col 40}{space 1}    8.92{col 49}{space 3}0.000{col 57}{space 4} 926.9782{col 70}{space 3} 1454.874
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 1243.888{col 29}{space 2} 148.8689{col 40}{space 1}    8.36{col 49}{space 3}0.000{col 57}{space 4} 949.4309{col 70}{space 3} 1538.345
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 1042.956{col 29}{space 2} 164.6258{col 40}{space 1}    6.34{col 49}{space 3}0.000{col 57}{space 4} 717.3321{col 70}{space 3} 1368.579
{txt}{space 10}1971  {c |}{col 17}{res}{space 2} 1172.064{col 29}{space 2} 170.8058{col 40}{space 1}    6.86{col 49}{space 3}0.000{col 57}{space 4}  834.217{col 70}{space 3} 1509.912
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 1575.273{col 29}{space 2} 181.4535{col 40}{space 1}    8.68{col 49}{space 3}0.000{col 57}{space 4} 1216.365{col 70}{space 3} 1934.181
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 1532.426{col 29}{space 2} 205.1086{col 40}{space 1}    7.47{col 49}{space 3}0.000{col 57}{space 4}  1126.73{col 70}{space 3} 1938.123
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 913.0983{col 29}{space 2} 222.4018{col 40}{space 1}    4.11{col 49}{space 3}0.000{col 57}{space 4} 473.1961{col 70}{space 3}     1353
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} 965.1993{col 29}{space 2} 216.9891{col 40}{space 1}    4.45{col 49}{space 3}0.000{col 57}{space 4} 536.0032{col 70}{space 3} 1394.395
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} 1510.955{col 29}{space 2} 213.4377{col 40}{space 1}    7.08{col 49}{space 3}0.000{col 57}{space 4} 1088.783{col 70}{space 3} 1933.126
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} 1468.524{col 29}{space 2} 230.1097{col 40}{space 1}    6.38{col 49}{space 3}0.000{col 57}{space 4} 1013.376{col 70}{space 3} 1923.672
{txt}{space 10}1978  {c |}{col 17}{res}{space 2} 1705.702{col 29}{space 2} 241.7227{col 40}{space 1}    7.06{col 49}{space 3}0.000{col 57}{space 4} 1227.584{col 70}{space 3}  2183.82
{txt}{space 10}1979  {c |}{col 17}{res}{space 2} 1289.396{col 29}{space 2} 260.3787{col 40}{space 1}    4.95{col 49}{space 3}0.000{col 57}{space 4} 774.3774{col 70}{space 3} 1804.415
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 1115.694{col 29}{space 2} 258.5063{col 40}{space 1}    4.32{col 49}{space 3}0.000{col 57}{space 4} 604.3788{col 70}{space 3}  1627.01
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 527.5107{col 29}{space 2} 256.0274{col 40}{space 1}    2.06{col 49}{space 3}0.041{col 57}{space 4}  21.0984{col 70}{space 3} 1033.923
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       175{col 27}-1227.273{col 38}-1044.615{col 49}    42{col 58}  2173.23{col 69} 2306.151
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. //pc
. newey d.klarnerranney l.klarnerranney l.real_pc_inc_ann d.real_pc_inc_ann i.state_fips i.year if allstates43114280pc!=. & year <=1980 &  newsouth==1, lag(6) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       175
{txt}maximum lag: {res}6{col 49}{txt}F( 41,       133){col 67}= {res}      5.86
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}  Newey-West
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.2910493{col 29}{space 2} .0748563{col 40}{space 1}   -3.89{col 49}{space 3}0.000{col 57}{space 4}-.4391122{col 70}{space 3}-.1429864
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0052505{col 29}{space 2} .0021102{col 40}{space 1}    2.49{col 49}{space 3}0.014{col 57}{space 4} .0010766{col 70}{space 3} .0094243
{txt}{space 12}D1. {c |}{col 17}{res}{space 2} .0100228{col 29}{space 2}  .005512{col 40}{space 1}    1.82{col 49}{space 3}0.071{col 57}{space 4}-.0008798{col 70}{space 3} .0209254
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2}  .459056{col 29}{space 2} 2.985861{col 40}{space 1}    0.15{col 49}{space 3}0.878{col 57}{space 4}-5.446861{col 70}{space 3} 6.364973
{txt}{space 12}37  {c |}{col 17}{res}{space 2} 3.735175{col 29}{space 2}  2.99671{col 40}{space 1}    1.25{col 49}{space 3}0.215{col 57}{space 4}-2.192201{col 70}{space 3} 9.662552
{txt}{space 12}48  {c |}{col 17}{res}{space 2}-5.804702{col 29}{space 2} 2.680423{col 40}{space 1}   -2.17{col 49}{space 3}0.032{col 57}{space 4}-11.10647{col 70}{space 3}-.5029284
{txt}{space 12}51  {c |}{col 17}{res}{space 2}-1.379572{col 29}{space 2} 2.053818{col 40}{space 1}   -0.67{col 49}{space 3}0.503{col 57}{space 4}-5.441944{col 70}{space 3}   2.6828
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1947  {c |}{col 17}{res}{space 2} 2.057846{col 29}{space 2} 1.594971{col 40}{space 1}    1.29{col 49}{space 3}0.199{col 57}{space 4}-1.096946{col 70}{space 3} 5.212637
{txt}{space 10}1948  {c |}{col 17}{res}{space 2}-.6152262{col 29}{space 2} 2.445554{col 40}{space 1}   -0.25{col 49}{space 3}0.802{col 57}{space 4}-5.452438{col 70}{space 3} 4.221986
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-1.009876{col 29}{space 2} 2.604077{col 40}{space 1}   -0.39{col 49}{space 3}0.699{col 57}{space 4}-6.160641{col 70}{space 3} 4.140888
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}-4.319026{col 29}{space 2} 3.880732{col 40}{space 1}   -1.11{col 49}{space 3}0.268{col 57}{space 4}-11.99496{col 70}{space 3} 3.356911
{txt}{space 10}1951  {c |}{col 17}{res}{space 2}-3.706254{col 29}{space 2} 2.994609{col 40}{space 1}   -1.24{col 49}{space 3}0.218{col 57}{space 4}-9.629473{col 70}{space 3} 2.216966
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}-4.194506{col 29}{space 2} 3.181253{col 40}{space 1}   -1.32{col 49}{space 3}0.190{col 57}{space 4} -10.4869{col 70}{space 3}  2.09789
{txt}{space 10}1953  {c |}{col 17}{res}{space 2}-3.124503{col 29}{space 2} 3.189655{col 40}{space 1}   -0.98{col 49}{space 3}0.329{col 57}{space 4}-9.433517{col 70}{space 3}  3.18451
{txt}{space 10}1954  {c |}{col 17}{res}{space 2}-4.093595{col 29}{space 2}  2.64531{col 40}{space 1}   -1.55{col 49}{space 3}0.124{col 57}{space 4}-9.325915{col 70}{space 3} 1.138725
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} -8.29518{col 29}{space 2} 4.315634{col 40}{space 1}   -1.92{col 49}{space 3}0.057{col 57}{space 4}-16.83134{col 70}{space 3} .2409761
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-8.405648{col 29}{space 2} 4.099899{col 40}{space 1}   -2.05{col 49}{space 3}0.042{col 57}{space 4}-16.51509{col 70}{space 3}-.2962057
{txt}{space 10}1957  {c |}{col 17}{res}{space 2}-5.108044{col 29}{space 2} 3.602424{col 40}{space 1}   -1.42{col 49}{space 3}0.159{col 57}{space 4} -12.2335{col 70}{space 3} 2.017411
{txt}{space 10}1958  {c |}{col 17}{res}{space 2}-6.459445{col 29}{space 2} 3.295687{col 40}{space 1}   -1.96{col 49}{space 3}0.052{col 57}{space 4}-12.97819{col 70}{space 3} .0592968
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-11.63713{col 29}{space 2}  4.88225{col 40}{space 1}   -2.38{col 49}{space 3}0.019{col 57}{space 4}-21.29403{col 70}{space 3}-1.980228
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-8.949679{col 29}{space 2} 3.951736{col 40}{space 1}   -2.26{col 49}{space 3}0.025{col 57}{space 4}-16.76606{col 70}{space 3}-1.133299
{txt}{space 10}1961  {c |}{col 17}{res}{space 2}-6.910698{col 29}{space 2}  4.59064{col 40}{space 1}   -1.51{col 49}{space 3}0.135{col 57}{space 4}-15.99081{col 70}{space 3} 2.169409
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}-10.99756{col 29}{space 2} 4.878597{col 40}{space 1}   -2.25{col 49}{space 3}0.026{col 57}{space 4}-20.64723{col 70}{space 3}-1.347882
{txt}{space 10}1963  {c |}{col 17}{res}{space 2}-8.558344{col 29}{space 2} 5.293875{col 40}{space 1}   -1.62{col 49}{space 3}0.108{col 57}{space 4}-19.02942{col 70}{space 3} 1.912736
{txt}{space 10}1964  {c |}{col 17}{res}{space 2}-11.15082{col 29}{space 2}  6.16484{col 40}{space 1}   -1.81{col 49}{space 3}0.073{col 57}{space 4}-23.34463{col 70}{space 3} 1.042995
{txt}{space 10}1965  {c |}{col 17}{res}{space 2} -14.6097{col 29}{space 2} 6.912631{col 40}{space 1}   -2.11{col 49}{space 3}0.036{col 57}{space 4}-28.28262{col 70}{space 3} -.936787
{txt}{space 10}1966  {c |}{col 17}{res}{space 2}-14.56969{col 29}{space 2} 7.284361{col 40}{space 1}   -2.00{col 49}{space 3}0.048{col 57}{space 4}-28.97788{col 70}{space 3}-.1615111
{txt}{space 10}1967  {c |}{col 17}{res}{space 2}-2.192892{col 29}{space 2} 13.78531{col 40}{space 1}   -0.16{col 49}{space 3}0.874{col 57}{space 4}-29.45971{col 70}{space 3} 25.07392
{txt}{space 10}1968  {c |}{col 17}{res}{space 2}-12.87172{col 29}{space 2} 7.958365{col 40}{space 1}   -1.62{col 49}{space 3}0.108{col 57}{space 4}-28.61305{col 70}{space 3} 2.869621
{txt}{space 10}1969  {c |}{col 17}{res}{space 2}-16.34053{col 29}{space 2} 8.700622{col 40}{space 1}   -1.88{col 49}{space 3}0.063{col 57}{space 4}-33.55002{col 70}{space 3} .8689676
{txt}{space 10}1970  {c |}{col 17}{res}{space 2}-13.89556{col 29}{space 2} 8.942007{col 40}{space 1}   -1.55{col 49}{space 3}0.123{col 57}{space 4} -31.5825{col 70}{space 3} 3.791386
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}-22.06873{col 29}{space 2} 9.324631{col 40}{space 1}   -2.37{col 49}{space 3}0.019{col 57}{space 4}-40.51249{col 70}{space 3}-3.624974
{txt}{space 10}1972  {c |}{col 17}{res}{space 2}-23.77667{col 29}{space 2} 10.82291{col 40}{space 1}   -2.20{col 49}{space 3}0.030{col 57}{space 4}-45.18396{col 70}{space 3}-2.369383
{txt}{space 10}1973  {c |}{col 17}{res}{space 2}-14.95694{col 29}{space 2} 10.92064{col 40}{space 1}   -1.37{col 49}{space 3}0.173{col 57}{space 4}-36.55755{col 70}{space 3} 6.643659
{txt}{space 10}1974  {c |}{col 17}{res}{space 2}-17.76445{col 29}{space 2} 10.34783{col 40}{space 1}   -1.72{col 49}{space 3}0.088{col 57}{space 4}-38.23205{col 70}{space 3} 2.703156
{txt}{space 10}1975  {c |}{col 17}{res}{space 2}-32.65294{col 29}{space 2} 15.31011{col 40}{space 1}   -2.13{col 49}{space 3}0.035{col 57}{space 4}-62.93575{col 70}{space 3}-2.370129
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-28.85808{col 29}{space 2} 12.98433{col 40}{space 1}   -2.22{col 49}{space 3}0.028{col 57}{space 4}-54.54057{col 70}{space 3}-3.175586
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}-29.82503{col 29}{space 2} 12.12145{col 40}{space 1}   -2.46{col 49}{space 3}0.015{col 57}{space 4}-53.80078{col 70}{space 3}-5.849278
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}-31.31756{col 29}{space 2} 13.87902{col 40}{space 1}   -2.26{col 49}{space 3}0.026{col 57}{space 4}-58.76972{col 70}{space 3}-3.865392
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}-25.74759{col 29}{space 2} 13.26415{col 40}{space 1}   -1.94{col 49}{space 3}0.054{col 57}{space 4}-51.98356{col 70}{space 3} .4883846
{txt}{space 10}1980  {c |}{col 17}{res}{space 2}-23.70966{col 29}{space 2} 12.82042{col 40}{space 1}   -1.85{col 49}{space 3}0.067{col 57}{space 4}-49.06795{col 70}{space 3} 1.648621
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-21.67718{col 29}{space 2} 11.08164{col 40}{space 1}   -1.96{col 49}{space 3}0.053{col 57}{space 4}-43.59625{col 70}{space 3} .2418811
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. reg d.klarnerranney l.klarnerranney l.real_pc_inc_ann d.real_pc_inc_ann i.state_fips i.year if allstates43114280pcols!=. & year <=1980 &  newsouth==1

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       175
{txt}{hline 13}{c +}{hline 34}   F(41, 133)      = {res}     2.57
{txt}       Model {c |} {res} 4482.59395        41   109.33156   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 5653.05797       133  42.5041953   {txt}R-squared       ={res}    0.4423
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.2703
{txt}       Total {c |} {res} 10135.6519       174  58.2508731   {txt}Root MSE        =   {res} 6.5195

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.2910493{col 29}{space 2} .0616643{col 40}{space 1}   -4.72{col 49}{space 3}0.000{col 57}{space 4}-.4130189{col 70}{space 3}-.1690797
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0052505{col 29}{space 2} .0026879{col 40}{space 1}    1.95{col 49}{space 3}0.053{col 57}{space 4} -.000066{col 70}{space 3}  .010567
{txt}{space 12}D1. {c |}{col 17}{res}{space 2} .0100228{col 29}{space 2} .0051333{col 40}{space 1}    1.95{col 49}{space 3}0.053{col 57}{space 4}-.0001307{col 70}{space 3} .0201762
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2}  .459056{col 29}{space 2} 3.186809{col 40}{space 1}    0.14{col 49}{space 3}0.886{col 57}{space 4}-5.844328{col 70}{space 3}  6.76244
{txt}{space 12}37  {c |}{col 17}{res}{space 2} 3.735175{col 29}{space 2} 3.815353{col 40}{space 1}    0.98{col 49}{space 3}0.329{col 57}{space 4}-3.811446{col 70}{space 3}  11.2818
{txt}{space 12}48  {c |}{col 17}{res}{space 2}-5.804702{col 29}{space 2} 1.950162{col 40}{space 1}   -2.98{col 49}{space 3}0.003{col 57}{space 4}-9.662047{col 70}{space 3}-1.947356
{txt}{space 12}51  {c |}{col 17}{res}{space 2}-1.379572{col 29}{space 2} 1.631352{col 40}{space 1}   -0.85{col 49}{space 3}0.399{col 57}{space 4}-4.606322{col 70}{space 3} 1.847179
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1947  {c |}{col 17}{res}{space 2} 2.057846{col 29}{space 2} 4.309259{col 40}{space 1}    0.48{col 49}{space 3}0.634{col 57}{space 4}-6.465702{col 70}{space 3} 10.58139
{txt}{space 10}1948  {c |}{col 17}{res}{space 2}-.6152262{col 29}{space 2} 4.922474{col 40}{space 1}   -0.12{col 49}{space 3}0.901{col 57}{space 4}-10.35169{col 70}{space 3} 9.121237
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-1.009876{col 29}{space 2} 4.932314{col 40}{space 1}   -0.20{col 49}{space 3}0.838{col 57}{space 4} -10.7658{col 70}{space 3} 8.746049
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}-4.319026{col 29}{space 2} 5.611489{col 40}{space 1}   -0.77{col 49}{space 3}0.443{col 57}{space 4}-15.41833{col 70}{space 3} 6.780281
{txt}{space 10}1951  {c |}{col 17}{res}{space 2}-3.706254{col 29}{space 2} 4.848803{col 40}{space 1}   -0.76{col 49}{space 3}0.446{col 57}{space 4}  -13.297{col 70}{space 3} 5.884491
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}-4.194506{col 29}{space 2} 4.943966{col 40}{space 1}   -0.85{col 49}{space 3}0.398{col 57}{space 4}-13.97348{col 70}{space 3} 5.584468
{txt}{space 10}1953  {c |}{col 17}{res}{space 2}-3.124503{col 29}{space 2} 4.902061{col 40}{space 1}   -0.64{col 49}{space 3}0.525{col 57}{space 4}-12.82059{col 70}{space 3} 6.571584
{txt}{space 10}1954  {c |}{col 17}{res}{space 2}-4.093595{col 29}{space 2} 4.630378{col 40}{space 1}   -0.88{col 49}{space 3}0.378{col 57}{space 4} -13.2523{col 70}{space 3} 5.065113
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} -8.29518{col 29}{space 2}  5.66594{col 40}{space 1}   -1.46{col 49}{space 3}0.146{col 57}{space 4}-19.50219{col 70}{space 3}  2.91183
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-8.405648{col 29}{space 2} 5.508656{col 40}{space 1}   -1.53{col 49}{space 3}0.129{col 57}{space 4}-19.30156{col 70}{space 3} 2.490259
{txt}{space 10}1957  {c |}{col 17}{res}{space 2}-5.108044{col 29}{space 2} 4.873825{col 40}{space 1}   -1.05{col 49}{space 3}0.297{col 57}{space 4}-14.74828{col 70}{space 3} 4.532193
{txt}{space 10}1958  {c |}{col 17}{res}{space 2}-6.459445{col 29}{space 2} 4.962943{col 40}{space 1}   -1.30{col 49}{space 3}0.195{col 57}{space 4}-16.27595{col 70}{space 3} 3.357064
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-11.63713{col 29}{space 2} 5.679104{col 40}{space 1}   -2.05{col 49}{space 3}0.042{col 57}{space 4}-22.87018{col 70}{space 3} -.404082
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-8.949679{col 29}{space 2} 5.367238{col 40}{space 1}   -1.67{col 49}{space 3}0.098{col 57}{space 4}-19.56587{col 70}{space 3} 1.666509
{txt}{space 10}1961  {c |}{col 17}{res}{space 2}-6.910698{col 29}{space 2} 5.646156{col 40}{space 1}   -1.22{col 49}{space 3}0.223{col 57}{space 4}-18.07858{col 70}{space 3} 4.257179
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}-10.99756{col 29}{space 2} 6.097048{col 40}{space 1}   -1.80{col 49}{space 3}0.074{col 57}{space 4}-23.05728{col 70}{space 3} 1.062167
{txt}{space 10}1963  {c |}{col 17}{res}{space 2}-8.558344{col 29}{space 2} 6.433527{col 40}{space 1}   -1.33{col 49}{space 3}0.186{col 57}{space 4}-21.28361{col 70}{space 3} 4.166923
{txt}{space 10}1964  {c |}{col 17}{res}{space 2}-11.15082{col 29}{space 2} 7.265023{col 40}{space 1}   -1.53{col 49}{space 3}0.127{col 57}{space 4}-25.52075{col 70}{space 3} 3.219115
{txt}{space 10}1965  {c |}{col 17}{res}{space 2} -14.6097{col 29}{space 2} 7.863836{col 40}{space 1}   -1.86{col 49}{space 3}0.065{col 57}{space 4}-30.16407{col 70}{space 3} .9446594
{txt}{space 10}1966  {c |}{col 17}{res}{space 2}-14.56969{col 29}{space 2} 8.639362{col 40}{space 1}   -1.69{col 49}{space 3}0.094{col 57}{space 4}-31.65802{col 70}{space 3} 2.518629
{txt}{space 10}1967  {c |}{col 17}{res}{space 2}-2.192892{col 29}{space 2} 9.448428{col 40}{space 1}   -0.23{col 49}{space 3}0.817{col 57}{space 4}-20.88152{col 70}{space 3} 16.49573
{txt}{space 10}1968  {c |}{col 17}{res}{space 2}-12.87172{col 29}{space 2} 10.06954{col 40}{space 1}   -1.28{col 49}{space 3}0.203{col 57}{space 4}-32.78887{col 70}{space 3} 7.045441
{txt}{space 10}1969  {c |}{col 17}{res}{space 2}-16.34053{col 29}{space 2} 10.94658{col 40}{space 1}   -1.49{col 49}{space 3}0.138{col 57}{space 4}-37.99243{col 70}{space 3} 5.311383
{txt}{space 10}1970  {c |}{col 17}{res}{space 2}-13.89556{col 29}{space 2} 11.21322{col 40}{space 1}   -1.24{col 49}{space 3}0.217{col 57}{space 4}-36.07487{col 70}{space 3} 8.283755
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}-22.06873{col 29}{space 2} 11.77927{col 40}{space 1}   -1.87{col 49}{space 3}0.063{col 57}{space 4}-45.36767{col 70}{space 3} 1.230202
{txt}{space 10}1972  {c |}{col 17}{res}{space 2}-23.77667{col 29}{space 2} 13.48001{col 40}{space 1}   -1.76{col 49}{space 3}0.080{col 57}{space 4}-50.43961{col 70}{space 3} 2.886264
{txt}{space 10}1973  {c |}{col 17}{res}{space 2}-14.95694{col 29}{space 2} 14.61627{col 40}{space 1}   -1.02{col 49}{space 3}0.308{col 57}{space 4}-43.86736{col 70}{space 3} 13.95347
{txt}{space 10}1974  {c |}{col 17}{res}{space 2}-17.76445{col 29}{space 2} 14.09053{col 40}{space 1}   -1.26{col 49}{space 3}0.210{col 57}{space 4}-45.63497{col 70}{space 3} 10.10608
{txt}{space 10}1975  {c |}{col 17}{res}{space 2}-32.65294{col 29}{space 2} 13.67398{col 40}{space 1}   -2.39{col 49}{space 3}0.018{col 57}{space 4}-59.69955{col 70}{space 3}-5.606334
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-28.85808{col 29}{space 2} 14.82742{col 40}{space 1}   -1.95{col 49}{space 3}0.054{col 57}{space 4}-58.18614{col 70}{space 3} .4699771
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}-29.82503{col 29}{space 2} 15.57748{col 40}{space 1}   -1.91{col 49}{space 3}0.058{col 57}{space 4}-60.63667{col 70}{space 3} .9866162
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}-31.31756{col 29}{space 2} 16.79678{col 40}{space 1}   -1.86{col 49}{space 3}0.064{col 57}{space 4}-64.54095{col 70}{space 3}  1.90583
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}-25.74759{col 29}{space 2} 16.86694{col 40}{space 1}   -1.53{col 49}{space 3}0.129{col 57}{space 4}-59.10974{col 70}{space 3} 7.614566
{txt}{space 10}1980  {c |}{col 17}{res}{space 2}-23.70966{col 29}{space 2}  16.4446{col 40}{space 1}   -1.44{col 49}{space 3}0.152{col 57}{space 4}-56.23645{col 70}{space 3} 8.817122
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-21.67718{col 29}{space 2} 15.50234{col 40}{space 1}   -1.40{col 49}{space 3}0.164{col 57}{space 4}-52.34021{col 70}{space 3} 8.985844
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. 
. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       175{col 27}-603.4792{col 38}-552.3913{col 49}    42{col 58} 1188.783{col 69} 1321.704
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. 
. 
. qui newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney i.state_fips i.year if year <=1980 &  newsouth==1, lag(6) force
{txt}
{com}. 
. *** 2.F.a: TEST OF REAL_PC_INC_ANN*
. test  l.d.real_pc_inc_ann =  l2.d.real_pc_inc_ann =  l.d.klarnerranney =  l3.d.real_pc_inc_ann =  l2.d.klarnerranney = 0

{p 0 7}{space 1}{text:( 1)}{space 1} {res}LD.real_pc_inc_ann - L2D.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 2)}{space 1} LD.real_pc_inc_ann - LD.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 3)}{space 1} LD.real_pc_inc_ann - L3D.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 4)}{space 1} LD.real_pc_inc_ann - L2D.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 5)}{space 1} LD.real_pc_inc_ann = 0{p_end}

{txt}       F(  5,   128) ={res}    1.93
{txt}{col 13}Prob > F ={res}    0.0945
{txt}
{com}. 
. qui newey d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann i.state_fips i.year if year <=1980 &  newsouth==1, lag(6) force
{txt}
{com}. 
. *** 2.F.b: TEST OF klarnerranney*
. test  l.d.klarnerranney =  l2.d.klarnerranney =  l.d.real_pc_inc_ann =  l3.d.klarnerranney =  l2.d.real_pc_inc_ann = 0

{p 0 7}{space 1}{text:( 1)}{space 1} {res}LD.klarnerranney - L2D.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 2)}{space 1} LD.klarnerranney - LD.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 3)}{space 1} LD.klarnerranney - L3D.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 4)}{space 1} LD.klarnerranney - L2D.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 5)}{space 1} LD.klarnerranney = 0{p_end}

{txt}       F(  5,   128) ={res}    1.26
{txt}{col 13}Prob > F ={res}    0.2836
{txt}
{com}. 
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. 
. 
. 
. *** 3.A: NEW SOUTHERN STATES (N = 5): 1981 - 2010 *** (5,4)
. 
. //if year >1980
. 
. newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney  l4.d.real_pc_inc_ann l3.d.klarnerranney  i.state_fips i.year if year >1980 &  newsouth==1, lag(5) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       150
{txt}maximum lag: {res}5{col 49}{txt}F( 43,       106){col 67}= {res}    133.07
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}{col 29}  Newey-West
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1140144{col 29}{space 2} .0539372{col 40}{space 1}   -2.11{col 49}{space 3}0.037{col 57}{space 4}-.2209501{col 70}{space 3}-.0070788
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-2.983926{col 29}{space 2} 1.807841{col 40}{space 1}   -1.65{col 49}{space 3}0.102{col 57}{space 4}-6.568147{col 70}{space 3} .6002943
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .1374956{col 29}{space 2} .1187847{col 40}{space 1}    1.16{col 49}{space 3}0.250{col 57}{space 4}-.0980066{col 70}{space 3} .3729977
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}D1. {c |}{col 17}{res}{space 2}-.6963617{col 29}{space 2} 1.781563{col 40}{space 1}   -0.39{col 49}{space 3}0.697{col 57}{space 4}-4.228484{col 70}{space 3} 2.835761
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .3234004{col 29}{space 2} .0827133{col 40}{space 1}    3.91{col 49}{space 3}0.000{col 57}{space 4} .1594133{col 70}{space 3} .4873875
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} 1.955616{col 29}{space 2} 2.167934{col 40}{space 1}    0.90{col 49}{space 3}0.369{col 57}{space 4}-2.342524{col 70}{space 3} 6.253755
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0754285{col 29}{space 2}  .157246{col 40}{space 1}    0.48{col 49}{space 3}0.632{col 57}{space 4}-.2363271{col 70}{space 3} .3871841
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} 1.100321{col 29}{space 2} 2.397713{col 40}{space 1}    0.46{col 49}{space 3}0.647{col 57}{space 4}-3.653379{col 70}{space 3} 5.854021
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L4D. {c |}{col 17}{res}{space 2}-.0585122{col 29}{space 2} .1167955{col 40}{space 1}   -0.50{col 49}{space 3}0.617{col 57}{space 4}-.2900707{col 70}{space 3} .1730462
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .4339934{col 29}{space 2} 1.820809{col 40}{space 1}    0.24{col 49}{space 3}0.812{col 57}{space 4}-3.175937{col 70}{space 3} 4.043924
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2}-166.7452{col 29}{space 2} 82.85103{col 40}{space 1}   -2.01{col 49}{space 3}0.047{col 57}{space 4}-331.0055{col 70}{space 3}-2.485007
{txt}{space 12}37  {c |}{col 17}{res}{space 2}-168.7687{col 29}{space 2} 91.78988{col 40}{space 1}   -1.84{col 49}{space 3}0.069{col 57}{space 4}-350.7511{col 70}{space 3} 13.21362
{txt}{space 12}48  {c |}{col 17}{res}{space 2}-104.8335{col 29}{space 2} 71.37542{col 40}{space 1}   -1.47{col 49}{space 3}0.145{col 57}{space 4}-246.3422{col 70}{space 3} 36.67523
{txt}{space 12}51  {c |}{col 17}{res}{space 2} 188.5626{col 29}{space 2} 63.47117{col 40}{space 1}    2.97{col 49}{space 3}0.004{col 57}{space 4} 62.72481{col 70}{space 3} 314.4004
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-93.03228{col 29}{space 2} 141.3349{col 40}{space 1}   -0.66{col 49}{space 3}0.512{col 57}{space 4}-373.2425{col 70}{space 3} 187.1779
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}  195.711{col 29}{space 2} 184.7011{col 40}{space 1}    1.06{col 49}{space 3}0.292{col 57}{space 4}-170.4769{col 70}{space 3} 561.8988
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 459.6515{col 29}{space 2}  150.445{col 40}{space 1}    3.06{col 49}{space 3}0.003{col 57}{space 4} 161.3797{col 70}{space 3} 757.9234
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 138.6265{col 29}{space 2}  194.123{col 40}{space 1}    0.71{col 49}{space 3}0.477{col 57}{space 4}-246.2412{col 70}{space 3} 523.4942
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} 97.85366{col 29}{space 2} 165.8822{col 40}{space 1}    0.59{col 49}{space 3}0.557{col 57}{space 4} -231.024{col 70}{space 3} 426.7313
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 44.18321{col 29}{space 2} 151.6169{col 40}{space 1}    0.29{col 49}{space 3}0.771{col 57}{space 4}-256.4121{col 70}{space 3} 344.7785
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} 324.1553{col 29}{space 2} 159.1242{col 40}{space 1}    2.04{col 49}{space 3}0.044{col 57}{space 4} 8.676069{col 70}{space 3} 639.6345
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 299.8204{col 29}{space 2} 204.8575{col 40}{space 1}    1.46{col 49}{space 3}0.146{col 57}{space 4}-106.3296{col 70}{space 3} 705.9704
{txt}{space 10}1990  {c |}{col 17}{res}{space 2} -47.5854{col 29}{space 2} 235.0578{col 40}{space 1}   -0.20{col 49}{space 3}0.840{col 57}{space 4}-513.6104{col 70}{space 3} 418.4396
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-104.0518{col 29}{space 2} 198.0843{col 40}{space 1}   -0.53{col 49}{space 3}0.600{col 57}{space 4}-496.7731{col 70}{space 3} 288.6695
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 508.5806{col 29}{space 2} 191.4408{col 40}{space 1}    2.66{col 49}{space 3}0.009{col 57}{space 4} 129.0306{col 70}{space 3} 888.1306
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 364.3979{col 29}{space 2} 252.1698{col 40}{space 1}    1.45{col 49}{space 3}0.151{col 57}{space 4}-135.5532{col 70}{space 3}  864.349
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}  371.817{col 29}{space 2} 282.7985{col 40}{space 1}    1.31{col 49}{space 3}0.191{col 57}{space 4}-188.8585{col 70}{space 3} 932.4924
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 427.2646{col 29}{space 2} 248.3127{col 40}{space 1}    1.72{col 49}{space 3}0.088{col 57}{space 4}-65.03954{col 70}{space 3} 919.5687
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 518.3206{col 29}{space 2} 253.8712{col 40}{space 1}    2.04{col 49}{space 3}0.044{col 57}{space 4} 14.99621{col 70}{space 3} 1021.645
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 635.7672{col 29}{space 2} 282.8083{col 40}{space 1}    2.25{col 49}{space 3}0.027{col 57}{space 4}  75.0722{col 70}{space 3} 1196.462
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 937.5799{col 29}{space 2} 278.4625{col 40}{space 1}    3.37{col 49}{space 3}0.001{col 57}{space 4} 385.5009{col 70}{space 3} 1489.659
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 587.6617{col 29}{space 2} 321.3739{col 40}{space 1}    1.83{col 49}{space 3}0.070{col 57}{space 4}-49.49337{col 70}{space 3} 1224.817
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 807.7312{col 29}{space 2} 318.7952{col 40}{space 1}    2.53{col 49}{space 3}0.013{col 57}{space 4} 175.6888{col 70}{space 3} 1439.774
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 415.7127{col 29}{space 2}  321.009{col 40}{space 1}    1.30{col 49}{space 3}0.198{col 57}{space 4}-220.7188{col 70}{space 3} 1052.144
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} 301.2678{col 29}{space 2}  335.235{col 40}{space 1}    0.90{col 49}{space 3}0.371{col 57}{space 4}-363.3682{col 70}{space 3} 965.9039
{txt}{space 10}2003  {c |}{col 17}{res}{space 2}   601.57{col 29}{space 2} 311.7716{col 40}{space 1}    1.93{col 49}{space 3}0.056{col 57}{space 4}-16.54753{col 70}{space 3} 1219.688
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 1069.972{col 29}{space 2} 354.8119{col 40}{space 1}    3.02{col 49}{space 3}0.003{col 57}{space 4} 366.5224{col 70}{space 3} 1773.421
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 939.9712{col 29}{space 2} 432.3859{col 40}{space 1}    2.17{col 49}{space 3}0.032{col 57}{space 4} 82.72414{col 70}{space 3} 1797.218
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 866.5048{col 29}{space 2} 419.8048{col 40}{space 1}    2.06{col 49}{space 3}0.041{col 57}{space 4} 34.20091{col 70}{space 3} 1698.809
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 748.6487{col 29}{space 2} 410.7007{col 40}{space 1}    1.82{col 49}{space 3}0.071{col 57}{space 4}-65.60529{col 70}{space 3} 1562.903
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 456.6214{col 29}{space 2} 485.7605{col 40}{space 1}    0.94{col 49}{space 3}0.349{col 57}{space 4}-506.4461{col 70}{space 3} 1419.689
{txt}{space 10}2009  {c |}{col 17}{res}{space 2} -279.096{col 29}{space 2} 370.3332{col 40}{space 1}   -0.75{col 49}{space 3}0.453{col 57}{space 4}-1013.318{col 70}{space 3} 455.1255
{txt}{space 10}2010  {c |}{col 17}{res}{space 2}  933.898{col 29}{space 2} 358.0686{col 40}{space 1}    2.61{col 49}{space 3}0.010{col 57}{space 4} 223.9921{col 70}{space 3} 1643.804
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 1644.116{col 29}{space 2} 586.8196{col 40}{space 1}    2.80{col 49}{space 3}0.006{col 57}{space 4} 480.6894{col 70}{space 3} 2807.543
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. newey d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann  l4.d.klarnerranney l3.d.real_pc_inc_ann  i.state_fips i.year if year >1980 &  newsouth==1, lag(5) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       150
{txt}maximum lag: {res}5{col 49}{txt}F( 43,       106){col 67}= {res}      6.75
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}  Newey-West
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1472545{col 29}{space 2} .0529385{col 40}{space 1}   -2.78{col 49}{space 3}0.006{col 57}{space 4}-.2522102{col 70}{space 3}-.0422988
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0030138{col 29}{space 2} .0012684{col 40}{space 1}    2.38{col 49}{space 3}0.019{col 57}{space 4} .0004991{col 70}{space 3} .0055286
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-.0573655{col 29}{space 2}    .0724{col 40}{space 1}   -0.79{col 49}{space 3}0.430{col 57}{space 4}-.2009056{col 70}{space 3} .0861746
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2}-.0010622{col 29}{space 2} .0027227{col 40}{space 1}   -0.39{col 49}{space 3}0.697{col 57}{space 4}-.0064603{col 70}{space 3} .0043358
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0624848{col 29}{space 2}  .115155{col 40}{space 1}   -0.54{col 49}{space 3}0.589{col 57}{space 4}-.2907908{col 70}{space 3} .1658212
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}  .003885{col 29}{space 2}  .002856{col 40}{space 1}    1.36{col 49}{space 3}0.177{col 57}{space 4}-.0017772{col 70}{space 3} .0095472
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}-.1396086{col 29}{space 2} .0763838{col 40}{space 1}   -1.83{col 49}{space 3}0.070{col 57}{space 4}-.2910469{col 70}{space 3} .0118297
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0036926{col 29}{space 2} .0032784{col 40}{space 1}   -1.13{col 49}{space 3}0.263{col 57}{space 4}-.0101924{col 70}{space 3} .0028071
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L4D. {c |}{col 17}{res}{space 2}-.0475751{col 29}{space 2} .1218886{col 40}{space 1}   -0.39{col 49}{space 3}0.697{col 57}{space 4}-.2892311{col 70}{space 3} .1940809
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}-.0043725{col 29}{space 2} .0047115{col 40}{space 1}   -0.93{col 49}{space 3}0.355{col 57}{space 4}-.0137135{col 70}{space 3} .0049686
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2} 3.214377{col 29}{space 2} 2.391285{col 40}{space 1}    1.34{col 49}{space 3}0.182{col 57}{space 4}-1.526577{col 70}{space 3} 7.955332
{txt}{space 12}37  {c |}{col 17}{res}{space 2} 5.563505{col 29}{space 2} 2.474864{col 40}{space 1}    2.25{col 49}{space 3}0.027{col 57}{space 4} .6568467{col 70}{space 3} 10.47016
{txt}{space 12}48  {c |}{col 17}{res}{space 2}  3.87112{col 29}{space 2} 1.684588{col 40}{space 1}    2.30{col 49}{space 3}0.024{col 57}{space 4} .5312608{col 70}{space 3}  7.21098
{txt}{space 12}51  {c |}{col 17}{res}{space 2}-1.294498{col 29}{space 2} 2.190562{col 40}{space 1}   -0.59{col 49}{space 3}0.556{col 57}{space 4}  -5.6375{col 70}{space 3} 3.048505
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-9.831243{col 29}{space 2} 5.721935{col 40}{space 1}   -1.72{col 49}{space 3}0.089{col 57}{space 4}-21.17554{col 70}{space 3} 1.513049
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-16.84209{col 29}{space 2} 6.390316{col 40}{space 1}   -2.64{col 49}{space 3}0.010{col 57}{space 4}-29.51152{col 70}{space 3} -4.17267
{txt}{space 10}1984  {c |}{col 17}{res}{space 2}-12.31557{col 29}{space 2} 4.511993{col 40}{space 1}   -2.73{col 49}{space 3}0.007{col 57}{space 4}-21.26103{col 70}{space 3}-3.370101
{txt}{space 10}1985  {c |}{col 17}{res}{space 2}-5.263532{col 29}{space 2} 6.586393{col 40}{space 1}   -0.80{col 49}{space 3}0.426{col 57}{space 4} -18.3217{col 70}{space 3} 7.794633
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}-11.82434{col 29}{space 2} 4.966753{col 40}{space 1}   -2.38{col 49}{space 3}0.019{col 57}{space 4}-21.67141{col 70}{space 3}-1.977265
{txt}{space 10}1987  {c |}{col 17}{res}{space 2}-9.352118{col 29}{space 2} 4.739569{col 40}{space 1}   -1.97{col 49}{space 3}0.051{col 57}{space 4}-18.74877{col 70}{space 3} .0445379
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}-11.34508{col 29}{space 2} 4.991897{col 40}{space 1}   -2.27{col 49}{space 3}0.025{col 57}{space 4}-21.24201{col 70}{space 3}-1.448162
{txt}{space 10}1989  {c |}{col 17}{res}{space 2}-7.952242{col 29}{space 2}  5.88434{col 40}{space 1}   -1.35{col 49}{space 3}0.179{col 57}{space 4}-19.61852{col 70}{space 3} 3.714035
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-14.05062{col 29}{space 2} 6.256346{col 40}{space 1}   -2.25{col 49}{space 3}0.027{col 57}{space 4}-26.45443{col 70}{space 3}-1.646804
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-14.20491{col 29}{space 2} 5.012833{col 40}{space 1}   -2.83{col 49}{space 3}0.006{col 57}{space 4}-24.14334{col 70}{space 3}-4.266481
{txt}{space 10}1992  {c |}{col 17}{res}{space 2}-7.876415{col 29}{space 2} 6.410103{col 40}{space 1}   -1.23{col 49}{space 3}0.222{col 57}{space 4}-20.58507{col 70}{space 3} 4.832239
{txt}{space 10}1993  {c |}{col 17}{res}{space 2}-10.88913{col 29}{space 2} 7.140863{col 40}{space 1}   -1.52{col 49}{space 3}0.130{col 57}{space 4}-25.04659{col 70}{space 3} 3.268325
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}-13.03439{col 29}{space 2} 7.338488{col 40}{space 1}   -1.78{col 49}{space 3}0.079{col 57}{space 4}-27.58366{col 70}{space 3} 1.514876
{txt}{space 10}1995  {c |}{col 17}{res}{space 2}  -.09436{col 29}{space 2} 9.348285{col 40}{space 1}   -0.01{col 49}{space 3}0.992{col 57}{space 4}-18.62824{col 70}{space 3} 18.43952
{txt}{space 10}1996  {c |}{col 17}{res}{space 2}-11.16482{col 29}{space 2} 7.708404{col 40}{space 1}   -1.45{col 49}{space 3}0.150{col 57}{space 4}-26.44749{col 70}{space 3} 4.117836
{txt}{space 10}1997  {c |}{col 17}{res}{space 2}-11.09866{col 29}{space 2} 8.259987{col 40}{space 1}   -1.34{col 49}{space 3}0.182{col 57}{space 4}-27.47489{col 70}{space 3} 5.277565
{txt}{space 10}1998  {c |}{col 17}{res}{space 2}-12.92052{col 29}{space 2} 8.571585{col 40}{space 1}   -1.51{col 49}{space 3}0.135{col 57}{space 4}-29.91452{col 70}{space 3} 4.073479
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} -22.9325{col 29}{space 2} 9.749833{col 40}{space 1}   -2.35{col 49}{space 3}0.021{col 57}{space 4}-42.26249{col 70}{space 3}-3.602504
{txt}{space 10}2000  {c |}{col 17}{res}{space 2}-16.96777{col 29}{space 2} 8.929038{col 40}{space 1}   -1.90{col 49}{space 3}0.060{col 57}{space 4}-34.67045{col 70}{space 3} .7349209
{txt}{space 10}2001  {c |}{col 17}{res}{space 2}-20.67013{col 29}{space 2} 8.828198{col 40}{space 1}   -2.34{col 49}{space 3}0.021{col 57}{space 4}-38.17289{col 70}{space 3}-3.167367
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}-22.35268{col 29}{space 2} 8.804453{col 40}{space 1}   -2.54{col 49}{space 3}0.013{col 57}{space 4}-39.80836{col 70}{space 3} -4.89699
{txt}{space 10}2003  {c |}{col 17}{res}{space 2}-20.04388{col 29}{space 2}   9.7862{col 40}{space 1}   -2.05{col 49}{space 3}0.043{col 57}{space 4}-39.44598{col 70}{space 3}-.6417905
{txt}{space 10}2004  {c |}{col 17}{res}{space 2}-22.61816{col 29}{space 2} 9.503682{col 40}{space 1}   -2.38{col 49}{space 3}0.019{col 57}{space 4}-41.46014{col 70}{space 3} -3.77619
{txt}{space 10}2005  {c |}{col 17}{res}{space 2}-28.57027{col 29}{space 2} 10.96225{col 40}{space 1}   -2.61{col 49}{space 3}0.010{col 57}{space 4}-50.30401{col 70}{space 3} -6.83654
{txt}{space 10}2006  {c |}{col 17}{res}{space 2}-24.66612{col 29}{space 2} 11.14018{col 40}{space 1}   -2.21{col 49}{space 3}0.029{col 57}{space 4}-46.75261{col 70}{space 3}-2.579643
{txt}{space 10}2007  {c |}{col 17}{res}{space 2}-25.00654{col 29}{space 2} 10.23962{col 40}{space 1}   -2.44{col 49}{space 3}0.016{col 57}{space 4}-45.30759{col 70}{space 3}-4.705499
{txt}{space 10}2008  {c |}{col 17}{res}{space 2}-22.35684{col 29}{space 2}  10.2713{col 40}{space 1}   -2.18{col 49}{space 3}0.032{col 57}{space 4}-42.72069{col 70}{space 3}-1.992995
{txt}{space 10}2009  {c |}{col 17}{res}{space 2} -22.9017{col 29}{space 2} 10.27591{col 40}{space 1}   -2.23{col 49}{space 3}0.028{col 57}{space 4}-43.27468{col 70}{space 3}-2.528714
{txt}{space 10}2010  {c |}{col 17}{res}{space 2}-24.79708{col 29}{space 2} 9.149995{col 40}{space 1}   -2.71{col 49}{space 3}0.008{col 57}{space 4}-42.93783{col 70}{space 3} -6.65632
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-18.70593{col 29}{space 2}  15.2022{col 40}{space 1}   -1.23{col 49}{space 3}0.221{col 57}{space 4}-48.84577{col 70}{space 3} 11.43391
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. //inc
. reg d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney  l4.d.real_pc_inc_ann l3.d.klarnerranney  i.state_fips i.year if year >1980 &  newsouth==1

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       150
{txt}{hline 13}{c +}{hline 34}   F(43, 106)      = {res}    12.17
{txt}       Model {c |} {res}   14410349        43  335124.396   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 2918035.78       106  27528.6394   {txt}R-squared       ={res}    0.8316
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.7633
{txt}       Total {c |} {res} 17328384.8       149  116297.885   {txt}Root MSE        =   {res} 165.92

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1140144{col 29}{space 2} .0397591{col 40}{space 1}   -2.87{col 49}{space 3}0.005{col 57}{space 4}-.1928408{col 70}{space 3}-.0351881
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-2.983926{col 29}{space 2}  1.78492{col 40}{space 1}   -1.67{col 49}{space 3}0.098{col 57}{space 4}-6.522704{col 70}{space 3}  .554851
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .1374956{col 29}{space 2} .0923775{col 40}{space 1}    1.49{col 49}{space 3}0.140{col 57}{space 4}-.0456517{col 70}{space 3} .3206429
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}D1. {c |}{col 17}{res}{space 2}-.6963617{col 29}{space 2}  2.53832{col 40}{space 1}   -0.27{col 49}{space 3}0.784{col 57}{space 4}-5.728828{col 70}{space 3} 4.336105
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .3234004{col 29}{space 2} .1022286{col 40}{space 1}    3.16{col 49}{space 3}0.002{col 57}{space 4} .1207222{col 70}{space 3} .5260786
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} 1.955616{col 29}{space 2} 2.640722{col 40}{space 1}    0.74{col 49}{space 3}0.461{col 57}{space 4}-3.279873{col 70}{space 3} 7.191105
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0754285{col 29}{space 2} .1172829{col 40}{space 1}    0.64{col 49}{space 3}0.522{col 57}{space 4}-.1570963{col 70}{space 3} .3079533
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} 1.100321{col 29}{space 2} 2.574862{col 40}{space 1}    0.43{col 49}{space 3}0.670{col 57}{space 4}-4.004594{col 70}{space 3} 6.205236
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L4D. {c |}{col 17}{res}{space 2}-.0585122{col 29}{space 2} .1159316{col 40}{space 1}   -0.50{col 49}{space 3}0.615{col 57}{space 4} -.288358{col 70}{space 3} .1713335
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .4339934{col 29}{space 2} 2.546699{col 40}{space 1}    0.17{col 49}{space 3}0.865{col 57}{space 4}-4.615085{col 70}{space 3} 5.483072
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2}-166.7452{col 29}{space 2} 69.94181{col 40}{space 1}   -2.38{col 49}{space 3}0.019{col 57}{space 4}-305.4117{col 70}{space 3} -28.0788
{txt}{space 12}37  {c |}{col 17}{res}{space 2}-168.7687{col 29}{space 2} 75.07042{col 40}{space 1}   -2.25{col 49}{space 3}0.027{col 57}{space 4}-317.6032{col 70}{space 3}-19.93433
{txt}{space 12}48  {c |}{col 17}{res}{space 2}-104.8335{col 29}{space 2}   55.264{col 40}{space 1}   -1.90{col 49}{space 3}0.061{col 57}{space 4}-214.3997{col 70}{space 3}  4.73278
{txt}{space 12}51  {c |}{col 17}{res}{space 2} 188.5626{col 29}{space 2} 59.22821{col 40}{space 1}    3.18{col 49}{space 3}0.002{col 57}{space 4}  71.1369{col 70}{space 3} 305.9883
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-93.03228{col 29}{space 2} 134.6479{col 40}{space 1}   -0.69{col 49}{space 3}0.491{col 57}{space 4}-359.9849{col 70}{space 3} 173.9203
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}  195.711{col 29}{space 2} 147.4662{col 40}{space 1}    1.33{col 49}{space 3}0.187{col 57}{space 4}-96.65519{col 70}{space 3} 488.0771
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 459.6515{col 29}{space 2} 146.6497{col 40}{space 1}    3.13{col 49}{space 3}0.002{col 57}{space 4} 168.9042{col 70}{space 3} 750.3989
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 138.6265{col 29}{space 2} 166.0174{col 40}{space 1}    0.84{col 49}{space 3}0.406{col 57}{space 4}-190.5192{col 70}{space 3} 467.7722
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} 97.85366{col 29}{space 2} 159.8461{col 40}{space 1}    0.61{col 49}{space 3}0.542{col 57}{space 4}-219.0568{col 70}{space 3} 414.7641
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 44.18321{col 29}{space 2} 139.7785{col 40}{space 1}    0.32{col 49}{space 3}0.753{col 57}{space 4}-232.9413{col 70}{space 3} 321.3077
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} 324.1553{col 29}{space 2} 149.1724{col 40}{space 1}    2.17{col 49}{space 3}0.032{col 57}{space 4} 28.40645{col 70}{space 3} 619.9041
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 299.8204{col 29}{space 2} 159.0274{col 40}{space 1}    1.89{col 49}{space 3}0.062{col 57}{space 4}-15.46689{col 70}{space 3} 615.1077
{txt}{space 10}1990  {c |}{col 17}{res}{space 2} -47.5854{col 29}{space 2} 176.6616{col 40}{space 1}   -0.27{col 49}{space 3}0.788{col 57}{space 4}-397.8343{col 70}{space 3} 302.6635
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-104.0518{col 29}{space 2} 168.0498{col 40}{space 1}   -0.62{col 49}{space 3}0.537{col 57}{space 4} -437.227{col 70}{space 3} 229.1234
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 508.5806{col 29}{space 2} 159.5977{col 40}{space 1}    3.19{col 49}{space 3}0.002{col 57}{space 4} 192.1627{col 70}{space 3} 824.9986
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 364.3979{col 29}{space 2} 193.2638{col 40}{space 1}    1.89{col 49}{space 3}0.062{col 57}{space 4}-18.76635{col 70}{space 3} 747.5621
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}  371.817{col 29}{space 2} 211.7074{col 40}{space 1}    1.76{col 49}{space 3}0.082{col 57}{space 4}-47.91347{col 70}{space 3} 791.5474
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 427.2646{col 29}{space 2} 199.1918{col 40}{space 1}    2.14{col 49}{space 3}0.034{col 57}{space 4} 32.34745{col 70}{space 3} 822.1817
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 518.3206{col 29}{space 2} 205.3719{col 40}{space 1}    2.52{col 49}{space 3}0.013{col 57}{space 4} 111.1508{col 70}{space 3} 925.4904
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 635.7672{col 29}{space 2} 216.7983{col 40}{space 1}    2.93{col 49}{space 3}0.004{col 57}{space 4} 205.9434{col 70}{space 3} 1065.591
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 937.5799{col 29}{space 2} 230.7492{col 40}{space 1}    4.06{col 49}{space 3}0.000{col 57}{space 4} 480.0972{col 70}{space 3} 1395.063
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 587.6617{col 29}{space 2} 262.9654{col 40}{space 1}    2.23{col 49}{space 3}0.028{col 57}{space 4} 66.30718{col 70}{space 3} 1109.016
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 807.7312{col 29}{space 2} 263.8852{col 40}{space 1}    3.06{col 49}{space 3}0.003{col 57}{space 4} 284.5532{col 70}{space 3} 1330.909
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 415.7127{col 29}{space 2} 270.7813{col 40}{space 1}    1.54{col 49}{space 3}0.128{col 57}{space 4}-121.1376{col 70}{space 3}  952.563
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} 301.2678{col 29}{space 2} 273.8456{col 40}{space 1}    1.10{col 49}{space 3}0.274{col 57}{space 4}-241.6577{col 70}{space 3} 844.1933
{txt}{space 10}2003  {c |}{col 17}{res}{space 2}   601.57{col 29}{space 2} 262.8738{col 40}{space 1}    2.29{col 49}{space 3}0.024{col 57}{space 4} 80.39709{col 70}{space 3} 1122.743
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 1069.972{col 29}{space 2} 278.6095{col 40}{space 1}    3.84{col 49}{space 3}0.000{col 57}{space 4} 517.6011{col 70}{space 3} 1622.342
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 939.9712{col 29}{space 2} 315.8956{col 40}{space 1}    2.98{col 49}{space 3}0.004{col 57}{space 4} 313.6774{col 70}{space 3} 1566.265
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 866.5048{col 29}{space 2} 325.5191{col 40}{space 1}    2.66{col 49}{space 3}0.009{col 57}{space 4} 221.1316{col 70}{space 3} 1511.878
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 748.6487{col 29}{space 2} 317.7695{col 40}{space 1}    2.36{col 49}{space 3}0.020{col 57}{space 4} 118.6397{col 70}{space 3} 1378.658
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 456.6214{col 29}{space 2} 312.0937{col 40}{space 1}    1.46{col 49}{space 3}0.146{col 57}{space 4}-162.1348{col 70}{space 3} 1075.378
{txt}{space 10}2009  {c |}{col 17}{res}{space 2} -279.096{col 29}{space 2} 305.9202{col 40}{space 1}   -0.91{col 49}{space 3}0.364{col 57}{space 4}-885.6125{col 70}{space 3} 327.4205
{txt}{space 10}2010  {c |}{col 17}{res}{space 2}  933.898{col 29}{space 2} 291.9799{col 40}{space 1}    3.20{col 49}{space 3}0.002{col 57}{space 4} 355.0195{col 70}{space 3} 1512.776
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 1644.116{col 29}{space 2} 452.4524{col 40}{space 1}    3.63{col 49}{space 3}0.000{col 57}{space 4} 747.0854{col 70}{space 3} 2541.147
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       150{col 27}-1087.132{col 38}-953.5247{col 49}    44{col 58} 1995.049{col 69} 2127.517
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. //pc
. reg d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann  l4.d.klarnerranney l3.d.real_pc_inc_ann  i.state_fips i.year if year>1980 &  newsouth==1

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       150
{txt}{hline 13}{c +}{hline 34}   F(43, 106)      = {res}     2.29
{txt}       Model {c |} {res} 3963.30581        43  92.1699026   {txt}Prob > F        ={res}    0.0003
{txt}    Residual {c |} {res} 4261.74326       106  40.2051251   {txt}R-squared       ={res}    0.4819
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.2717
{txt}       Total {c |} {res} 8225.04907       149  55.2016716   {txt}Root MSE        =   {res} 6.3408

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1472545{col 29}{space 2} .0688963{col 40}{space 1}   -2.14{col 49}{space 3}0.035{col 57}{space 4} -.283848{col 70}{space 3}-.0106609
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0030138{col 29}{space 2} .0014832{col 40}{space 1}    2.03{col 49}{space 3}0.045{col 57}{space 4} .0000733{col 70}{space 3} .0059544
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-.0573655{col 29}{space 2}  .104817{col 40}{space 1}   -0.55{col 49}{space 3}0.585{col 57}{space 4}-.2651753{col 70}{space 3} .1504444
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2}-.0010622{col 29}{space 2}   .00371{col 40}{space 1}   -0.29{col 49}{space 3}0.775{col 57}{space 4}-.0084176{col 70}{space 3} .0062931
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0624848{col 29}{space 2} .1006297{col 40}{space 1}   -0.62{col 49}{space 3}0.536{col 57}{space 4} -.261993{col 70}{space 3} .1370233
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}  .003885{col 29}{space 2} .0035449{col 40}{space 1}    1.10{col 49}{space 3}0.276{col 57}{space 4}-.0031431{col 70}{space 3} .0109131
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}-.1396086{col 29}{space 2} .0984936{col 40}{space 1}   -1.42{col 49}{space 3}0.159{col 57}{space 4}-.3348817{col 70}{space 3} .0556646
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0036926{col 29}{space 2}  .004027{col 40}{space 1}   -0.92{col 49}{space 3}0.361{col 57}{space 4}-.0116765{col 70}{space 3} .0042912
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L4D. {c |}{col 17}{res}{space 2}-.0475751{col 29}{space 2} .0971334{col 40}{space 1}   -0.49{col 49}{space 3}0.625{col 57}{space 4}-.2401515{col 70}{space 3} .1450013
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}-.0043725{col 29}{space 2} .0044266{col 40}{space 1}   -0.99{col 49}{space 3}0.326{col 57}{space 4}-.0131486{col 70}{space 3} .0044037
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2} 3.214377{col 29}{space 2} 2.801758{col 40}{space 1}    1.15{col 49}{space 3}0.254{col 57}{space 4} -2.34038{col 70}{space 3} 8.769135
{txt}{space 12}37  {c |}{col 17}{res}{space 2} 5.563505{col 29}{space 2}  2.92627{col 40}{space 1}    1.90{col 49}{space 3}0.060{col 57}{space 4} -.238111{col 70}{space 3} 11.36512
{txt}{space 12}48  {c |}{col 17}{res}{space 2}  3.87112{col 29}{space 2} 2.146318{col 40}{space 1}    1.80{col 49}{space 3}0.074{col 57}{space 4}-.3841648{col 70}{space 3} 8.126406
{txt}{space 12}51  {c |}{col 17}{res}{space 2}-1.294498{col 29}{space 2} 2.333824{col 40}{space 1}   -0.55{col 49}{space 3}0.580{col 57}{space 4}-5.921531{col 70}{space 3} 3.332535
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-9.831243{col 29}{space 2} 4.923561{col 40}{space 1}   -2.00{col 49}{space 3}0.048{col 57}{space 4}-19.59268{col 70}{space 3}-.0698045
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-16.84209{col 29}{space 2} 5.367544{col 40}{space 1}   -3.14{col 49}{space 3}0.002{col 57}{space 4}-27.48377{col 70}{space 3}-6.200416
{txt}{space 10}1984  {c |}{col 17}{res}{space 2}-12.31557{col 29}{space 2} 5.393904{col 40}{space 1}   -2.28{col 49}{space 3}0.024{col 57}{space 4} -23.0095{col 70}{space 3}-1.621627
{txt}{space 10}1985  {c |}{col 17}{res}{space 2}-5.263532{col 29}{space 2} 6.339565{col 40}{space 1}   -0.83{col 49}{space 3}0.408{col 57}{space 4}-17.83234{col 70}{space 3} 7.305271
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}-11.82434{col 29}{space 2} 5.681035{col 40}{space 1}   -2.08{col 49}{space 3}0.040{col 57}{space 4}-23.08754{col 70}{space 3}-.5611319
{txt}{space 10}1987  {c |}{col 17}{res}{space 2}-9.352118{col 29}{space 2} 5.344059{col 40}{space 1}   -1.75{col 49}{space 3}0.083{col 57}{space 4}-19.94724{col 70}{space 3} 1.242999
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}-11.34508{col 29}{space 2} 5.696369{col 40}{space 1}   -1.99{col 49}{space 3}0.049{col 57}{space 4}-22.63869{col 70}{space 3}-.0514789
{txt}{space 10}1989  {c |}{col 17}{res}{space 2}-7.952242{col 29}{space 2} 6.123873{col 40}{space 1}   -1.30{col 49}{space 3}0.197{col 57}{space 4}-20.09342{col 70}{space 3} 4.188933
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-14.05062{col 29}{space 2} 6.603604{col 40}{space 1}   -2.13{col 49}{space 3}0.036{col 57}{space 4}-27.14291{col 70}{space 3}-.9583313
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-14.20491{col 29}{space 2} 6.072106{col 40}{space 1}   -2.34{col 49}{space 3}0.021{col 57}{space 4}-26.24345{col 70}{space 3}-2.166369
{txt}{space 10}1992  {c |}{col 17}{res}{space 2}-7.876415{col 29}{space 2} 6.355704{col 40}{space 1}   -1.24{col 49}{space 3}0.218{col 57}{space 4}-20.47722{col 70}{space 3} 4.724386
{txt}{space 10}1993  {c |}{col 17}{res}{space 2}-10.88913{col 29}{space 2} 7.409693{col 40}{space 1}   -1.47{col 49}{space 3}0.145{col 57}{space 4}-25.57957{col 70}{space 3} 3.801308
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}-13.03439{col 29}{space 2} 7.783598{col 40}{space 1}   -1.67{col 49}{space 3}0.097{col 57}{space 4}-28.46613{col 70}{space 3} 2.397349
{txt}{space 10}1995  {c |}{col 17}{res}{space 2}  -.09436{col 29}{space 2} 7.161399{col 40}{space 1}   -0.01{col 49}{space 3}0.990{col 57}{space 4}-14.29253{col 70}{space 3} 14.10381
{txt}{space 10}1996  {c |}{col 17}{res}{space 2}-11.16482{col 29}{space 2}  7.94858{col 40}{space 1}   -1.40{col 49}{space 3}0.163{col 57}{space 4}-26.92366{col 70}{space 3} 4.594008
{txt}{space 10}1997  {c |}{col 17}{res}{space 2}-11.09866{col 29}{space 2} 8.330192{col 40}{space 1}   -1.33{col 49}{space 3}0.186{col 57}{space 4}-27.61408{col 70}{space 3} 5.416753
{txt}{space 10}1998  {c |}{col 17}{res}{space 2}-12.92052{col 29}{space 2} 9.305657{col 40}{space 1}   -1.39{col 49}{space 3}0.168{col 57}{space 4}-31.36989{col 70}{space 3} 5.528848
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} -22.9325{col 29}{space 2} 9.865299{col 40}{space 1}   -2.32{col 49}{space 3}0.022{col 57}{space 4}-42.49141{col 70}{space 3}-3.373583
{txt}{space 10}2000  {c |}{col 17}{res}{space 2}-16.96777{col 29}{space 2} 10.31793{col 40}{space 1}   -1.64{col 49}{space 3}0.103{col 57}{space 4}-37.42406{col 70}{space 3} 3.488532
{txt}{space 10}2001  {c |}{col 17}{res}{space 2}-20.67013{col 29}{space 2} 10.23537{col 40}{space 1}   -2.02{col 49}{space 3}0.046{col 57}{space 4}-40.96275{col 70}{space 3}-.3775079
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}-22.35268{col 29}{space 2}  10.4738{col 40}{space 1}   -2.13{col 49}{space 3}0.035{col 57}{space 4}-43.11801{col 70}{space 3}-1.587345
{txt}{space 10}2003  {c |}{col 17}{res}{space 2}-20.04388{col 29}{space 2} 10.16573{col 40}{space 1}   -1.97{col 49}{space 3}0.051{col 57}{space 4}-40.19843{col 70}{space 3}  .110662
{txt}{space 10}2004  {c |}{col 17}{res}{space 2}-22.61816{col 29}{space 2} 11.26424{col 40}{space 1}   -2.01{col 49}{space 3}0.047{col 57}{space 4}-44.95062{col 70}{space 3}-.2857078
{txt}{space 10}2005  {c |}{col 17}{res}{space 2}-28.57027{col 29}{space 2} 11.99488{col 40}{space 1}   -2.38{col 49}{space 3}0.019{col 57}{space 4} -52.3513{col 70}{space 3} -4.78925
{txt}{space 10}2006  {c |}{col 17}{res}{space 2}-24.66612{col 29}{space 2}  12.0426{col 40}{space 1}   -2.05{col 49}{space 3}0.043{col 57}{space 4}-48.54174{col 70}{space 3}-.7905065
{txt}{space 10}2007  {c |}{col 17}{res}{space 2}-25.00654{col 29}{space 2} 11.70841{col 40}{space 1}   -2.14{col 49}{space 3}0.035{col 57}{space 4}-48.21961{col 70}{space 3}-1.793478
{txt}{space 10}2008  {c |}{col 17}{res}{space 2}-22.35684{col 29}{space 2} 11.76721{col 40}{space 1}   -1.90{col 49}{space 3}0.060{col 57}{space 4}-45.68647{col 70}{space 3} .9727924
{txt}{space 10}2009  {c |}{col 17}{res}{space 2} -22.9017{col 29}{space 2} 11.43794{col 40}{space 1}   -2.00{col 49}{space 3}0.048{col 57}{space 4}-45.57852{col 70}{space 3} -.224879
{txt}{space 10}2010  {c |}{col 17}{res}{space 2}-24.79708{col 29}{space 2} 11.43544{col 40}{space 1}   -2.17{col 49}{space 3}0.032{col 57}{space 4}-47.46895{col 70}{space 3}-2.125196
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-18.70593{col 29}{space 2}  17.9543{col 40}{space 1}   -1.04{col 49}{space 3}0.300{col 57}{space 4}-54.30207{col 70}{space 3}  16.8902
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       150{col 27}-513.1636{col 38}-463.8507{col 49}    44{col 58} 1015.701{col 69} 1148.169
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. 
. 
. *** 3.B: NEW SOUTHERN STATES (N = 5): FULL TIME PERIOD *** ARDL (4,3)
. 
. 
. newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney i.state_fips i.year if year >1980 &  newsouth==1, lag(5) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       150
{txt}maximum lag: {res}5{col 49}{txt}F( 41,       108){col 67}= {res}    130.34
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}{col 29}  Newey-West
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1198952{col 29}{space 2} .0472891{col 40}{space 1}   -2.54{col 49}{space 3}0.013{col 57}{space 4}-.2136303{col 70}{space 3}  -.02616
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-2.813749{col 29}{space 2} 1.632103{col 40}{space 1}   -1.72{col 49}{space 3}0.088{col 57}{space 4}-6.048861{col 70}{space 3} .4213625
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .1407994{col 29}{space 2} .1144572{col 40}{space 1}    1.23{col 49}{space 3}0.221{col 57}{space 4}-.0860746{col 70}{space 3} .3676734
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}D1. {c |}{col 17}{res}{space 2}-.7145493{col 29}{space 2}  1.73177{col 40}{space 1}   -0.41{col 49}{space 3}0.681{col 57}{space 4}-4.147217{col 70}{space 3} 2.718119
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .3161076{col 29}{space 2} .0797621{col 40}{space 1}    3.96{col 49}{space 3}0.000{col 57}{space 4} .1580052{col 70}{space 3}   .47421
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} 1.879937{col 29}{space 2} 1.936089{col 40}{space 1}    0.97{col 49}{space 3}0.334{col 57}{space 4}-1.957728{col 70}{space 3} 5.717601
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0676818{col 29}{space 2} .1591663{col 40}{space 1}    0.43{col 49}{space 3}0.672{col 57}{space 4}-.2478135{col 70}{space 3}  .383177
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} 1.022755{col 29}{space 2} 2.271158{col 40}{space 1}    0.45{col 49}{space 3}0.653{col 57}{space 4}-3.479074{col 70}{space 3} 5.524584
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2}-169.0089{col 29}{space 2} 75.22533{col 40}{space 1}   -2.25{col 49}{space 3}0.027{col 57}{space 4}-318.1186{col 70}{space 3}-19.89924
{txt}{space 12}37  {c |}{col 17}{res}{space 2}-173.9196{col 29}{space 2}  83.1746{col 40}{space 1}   -2.09{col 49}{space 3}0.039{col 57}{space 4}-338.7861{col 70}{space 3}-9.053064
{txt}{space 12}48  {c |}{col 17}{res}{space 2}-106.6701{col 29}{space 2}  66.5483{col 40}{space 1}   -1.60{col 49}{space 3}0.112{col 57}{space 4}-238.5804{col 70}{space 3} 25.24019
{txt}{space 12}51  {c |}{col 17}{res}{space 2} 193.6821{col 29}{space 2} 60.83656{col 40}{space 1}    3.18{col 49}{space 3}0.002{col 57}{space 4} 73.09345{col 70}{space 3} 314.2707
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-109.0745{col 29}{space 2} 140.4851{col 40}{space 1}   -0.78{col 49}{space 3}0.439{col 57}{space 4}-387.5404{col 70}{space 3} 169.3914
{txt}{space 10}1983  {c |}{col 17}{res}{space 2} 209.2668{col 29}{space 2} 183.0677{col 40}{space 1}    1.14{col 49}{space 3}0.256{col 57}{space 4}-153.6051{col 70}{space 3} 572.1387
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 487.8318{col 29}{space 2} 146.7485{col 40}{space 1}    3.32{col 49}{space 3}0.001{col 57}{space 4} 196.9508{col 70}{space 3} 778.7129
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 146.7531{col 29}{space 2} 192.3619{col 40}{space 1}    0.76{col 49}{space 3}0.447{col 57}{space 4}-234.5416{col 70}{space 3} 528.0478
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} 119.5008{col 29}{space 2} 166.9969{col 40}{space 1}    0.72{col 49}{space 3}0.476{col 57}{space 4} -211.516{col 70}{space 3} 450.5175
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 48.22125{col 29}{space 2}  150.428{col 40}{space 1}    0.32{col 49}{space 3}0.749{col 57}{space 4} -249.953{col 70}{space 3} 346.3955
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} 316.7065{col 29}{space 2} 162.7373{col 40}{space 1}    1.95{col 49}{space 3}0.054{col 57}{space 4}-5.867085{col 70}{space 3} 639.2801
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 304.2931{col 29}{space 2} 201.7961{col 40}{space 1}    1.51{col 49}{space 3}0.134{col 57}{space 4}-95.70186{col 70}{space 3} 704.2881
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-40.96833{col 29}{space 2} 232.4909{col 40}{space 1}   -0.18{col 49}{space 3}0.860{col 57}{space 4}-501.8057{col 70}{space 3}  419.869
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-85.87674{col 29}{space 2} 178.1964{col 40}{space 1}   -0.48{col 49}{space 3}0.631{col 57}{space 4}-439.0929{col 70}{space 3} 267.3394
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 514.3087{col 29}{space 2} 184.0365{col 40}{space 1}    2.79{col 49}{space 3}0.006{col 57}{space 4} 149.5165{col 70}{space 3} 879.1009
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 369.3114{col 29}{space 2} 242.5242{col 40}{space 1}    1.52{col 49}{space 3}0.131{col 57}{space 4}-111.4137{col 70}{space 3} 850.0365
{txt}{space 10}1994  {c |}{col 17}{res}{space 2} 399.6348{col 29}{space 2} 253.8332{col 40}{space 1}    1.57{col 49}{space 3}0.118{col 57}{space 4}-103.5065{col 70}{space 3} 902.7762
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 467.2754{col 29}{space 2} 217.1481{col 40}{space 1}    2.15{col 49}{space 3}0.034{col 57}{space 4} 36.85021{col 70}{space 3} 897.7006
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 529.8775{col 29}{space 2} 242.7298{col 40}{space 1}    2.18{col 49}{space 3}0.031{col 57}{space 4} 48.74498{col 70}{space 3}  1011.01
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 658.0344{col 29}{space 2} 262.5543{col 40}{space 1}    2.51{col 49}{space 3}0.014{col 57}{space 4} 137.6062{col 70}{space 3} 1178.463
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 958.5708{col 29}{space 2}  265.236{col 40}{space 1}    3.61{col 49}{space 3}0.000{col 57}{space 4} 432.8271{col 70}{space 3} 1484.314
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 606.2358{col 29}{space 2} 298.0201{col 40}{space 1}    2.03{col 49}{space 3}0.044{col 57}{space 4} 15.50827{col 70}{space 3} 1196.963
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 829.8974{col 29}{space 2} 290.0634{col 40}{space 1}    2.86{col 49}{space 3}0.005{col 57}{space 4} 254.9414{col 70}{space 3} 1404.853
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 433.3077{col 29}{space 2} 295.2975{col 40}{space 1}    1.47{col 49}{space 3}0.145{col 57}{space 4}-152.0231{col 70}{space 3} 1018.638
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} 301.7309{col 29}{space 2}  311.683{col 40}{space 1}    0.97{col 49}{space 3}0.335{col 57}{space 4}-316.0788{col 70}{space 3} 919.5407
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 623.4256{col 29}{space 2} 276.8057{col 40}{space 1}    2.25{col 49}{space 3}0.026{col 57}{space 4} 74.74861{col 70}{space 3} 1172.103
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 1073.036{col 29}{space 2} 337.4636{col 40}{space 1}    3.18{col 49}{space 3}0.002{col 57}{space 4} 404.1243{col 70}{space 3} 1741.947
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 973.8832{col 29}{space 2} 393.0706{col 40}{space 1}    2.48{col 49}{space 3}0.015{col 57}{space 4} 194.7492{col 70}{space 3} 1753.017
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 917.0517{col 29}{space 2} 367.1945{col 40}{space 1}    2.50{col 49}{space 3}0.014{col 57}{space 4} 189.2085{col 70}{space 3} 1644.895
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 794.4283{col 29}{space 2} 358.6951{col 40}{space 1}    2.21{col 49}{space 3}0.029{col 57}{space 4} 83.43235{col 70}{space 3} 1505.424
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 480.5292{col 29}{space 2} 458.1192{col 40}{space 1}    1.05{col 49}{space 3}0.297{col 57}{space 4}-427.5425{col 70}{space 3} 1388.601
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-251.8138{col 29}{space 2}  317.071{col 40}{space 1}   -0.79{col 49}{space 3}0.429{col 57}{space 4}-880.3035{col 70}{space 3} 376.6759
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} 952.6187{col 29}{space 2} 320.7638{col 40}{space 1}    2.97{col 49}{space 3}0.004{col 57}{space 4} 316.8092{col 70}{space 3} 1588.428
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 1694.112{col 29}{space 2} 522.4138{col 40}{space 1}    3.24{col 49}{space 3}0.002{col 57}{space 4} 658.5971{col 70}{space 3} 2729.627
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. newey d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann i.state_fips i.year if year >1980 &  newsouth==1, lag(5) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       150
{txt}maximum lag: {res}5{col 49}{txt}F( 41,       108){col 67}= {res}      5.80
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}  Newey-West
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1483981{col 29}{space 2} .0569978{col 40}{space 1}   -2.60{col 49}{space 3}0.011{col 57}{space 4}-.2613776{col 70}{space 3}-.0354186
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0024561{col 29}{space 2} .0010778{col 40}{space 1}    2.28{col 49}{space 3}0.025{col 57}{space 4} .0003197{col 70}{space 3} .0045926
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-.0452879{col 29}{space 2} .0785156{col 40}{space 1}   -0.58{col 49}{space 3}0.565{col 57}{space 4}-.2009195{col 70}{space 3} .1103437
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} -.001198{col 29}{space 2} .0025894{col 40}{space 1}   -0.46{col 49}{space 3}0.645{col 57}{space 4}-.0063306{col 70}{space 3} .0039345
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0597555{col 29}{space 2} .1126763{col 40}{space 1}   -0.53{col 49}{space 3}0.597{col 57}{space 4}-.2830995{col 70}{space 3} .1635885
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0034959{col 29}{space 2} .0027791{col 40}{space 1}    1.26{col 49}{space 3}0.211{col 57}{space 4}-.0020127{col 70}{space 3} .0090045
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} -.132937{col 29}{space 2} .0822149{col 40}{space 1}   -1.62{col 49}{space 3}0.109{col 57}{space 4}-.2959013{col 70}{space 3} .0300273
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0045565{col 29}{space 2} .0031754{col 40}{space 1}   -1.43{col 49}{space 3}0.154{col 57}{space 4}-.0108508{col 70}{space 3} .0017377
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2} 2.498831{col 29}{space 2} 2.544665{col 40}{space 1}    0.98{col 49}{space 3}0.328{col 57}{space 4}-2.545137{col 70}{space 3} 7.542799
{txt}{space 12}37  {c |}{col 17}{res}{space 2} 4.668028{col 29}{space 2} 2.468541{col 40}{space 1}    1.89{col 49}{space 3}0.061{col 57}{space 4}-.2250473{col 70}{space 3} 9.561104
{txt}{space 12}48  {c |}{col 17}{res}{space 2} 3.402426{col 29}{space 2} 1.760924{col 40}{space 1}    1.93{col 49}{space 3}0.056{col 57}{space 4}-.0880302{col 70}{space 3} 6.892882
{txt}{space 12}51  {c |}{col 17}{res}{space 2}-.8658055{col 29}{space 2} 1.947055{col 40}{space 1}   -0.44{col 49}{space 3}0.657{col 57}{space 4}-4.725207{col 70}{space 3} 2.993596
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-7.815864{col 29}{space 2} 4.938678{col 40}{space 1}   -1.58{col 49}{space 3}0.116{col 57}{space 4}-17.60518{col 70}{space 3} 1.973453
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-13.89063{col 29}{space 2} 5.463932{col 40}{space 1}   -2.54{col 49}{space 3}0.012{col 57}{space 4}-24.72109{col 70}{space 3} -3.06017
{txt}{space 10}1984  {c |}{col 17}{res}{space 2}-10.59527{col 29}{space 2}  3.93936{col 40}{space 1}   -2.69{col 49}{space 3}0.008{col 57}{space 4}-18.40377{col 70}{space 3}-2.786776
{txt}{space 10}1985  {c |}{col 17}{res}{space 2}-2.329911{col 29}{space 2} 5.257766{col 40}{space 1}   -0.44{col 49}{space 3}0.659{col 57}{space 4}-12.75172{col 70}{space 3} 8.091893
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}-10.01957{col 29}{space 2} 4.567471{col 40}{space 1}   -2.19{col 49}{space 3}0.030{col 57}{space 4}-19.07309{col 70}{space 3}-.9660537
{txt}{space 10}1987  {c |}{col 17}{res}{space 2}-8.200719{col 29}{space 2} 5.281803{col 40}{space 1}   -1.55{col 49}{space 3}0.123{col 57}{space 4}-18.67017{col 70}{space 3} 2.268731
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}-9.357067{col 29}{space 2} 4.404909{col 40}{space 1}   -2.12{col 49}{space 3}0.036{col 57}{space 4}-18.08836{col 70}{space 3}-.6257741
{txt}{space 10}1989  {c |}{col 17}{res}{space 2}-6.257158{col 29}{space 2}   5.1601{col 40}{space 1}   -1.21{col 49}{space 3}0.228{col 57}{space 4}-16.48537{col 70}{space 3} 3.971055
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-10.86648{col 29}{space 2} 5.016981{col 40}{space 1}   -2.17{col 49}{space 3}0.033{col 57}{space 4}-20.81101{col 70}{space 3} -.921955
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-12.19183{col 29}{space 2} 4.540137{col 40}{space 1}   -2.69{col 49}{space 3}0.008{col 57}{space 4}-21.19117{col 70}{space 3}-3.192495
{txt}{space 10}1992  {c |}{col 17}{res}{space 2}-5.668643{col 29}{space 2} 5.990644{col 40}{space 1}   -0.95{col 49}{space 3}0.346{col 57}{space 4}-17.54314{col 70}{space 3} 6.205852
{txt}{space 10}1993  {c |}{col 17}{res}{space 2}-7.271169{col 29}{space 2} 5.737269{col 40}{space 1}   -1.27{col 49}{space 3}0.208{col 57}{space 4}-18.64343{col 70}{space 3} 4.101094
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}-8.225642{col 29}{space 2} 5.280414{col 40}{space 1}   -1.56{col 49}{space 3}0.122{col 57}{space 4}-18.69234{col 70}{space 3} 2.241054
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 2.764828{col 29}{space 2} 8.484858{col 40}{space 1}    0.33{col 49}{space 3}0.745{col 57}{space 4}-14.05363{col 70}{space 3} 19.58329
{txt}{space 10}1996  {c |}{col 17}{res}{space 2}-7.701406{col 29}{space 2} 6.254241{col 40}{space 1}   -1.23{col 49}{space 3}0.221{col 57}{space 4} -20.0984{col 70}{space 3} 4.695586
{txt}{space 10}1997  {c |}{col 17}{res}{space 2}-7.901976{col 29}{space 2} 7.177109{col 40}{space 1}   -1.10{col 49}{space 3}0.273{col 57}{space 4}-22.12825{col 70}{space 3}   6.3243
{txt}{space 10}1998  {c |}{col 17}{res}{space 2}-9.265275{col 29}{space 2} 7.445321{col 40}{space 1}   -1.24{col 49}{space 3}0.216{col 57}{space 4}-24.02319{col 70}{space 3} 5.492644
{txt}{space 10}1999  {c |}{col 17}{res}{space 2}-19.45159{col 29}{space 2} 8.868245{col 40}{space 1}   -2.19{col 49}{space 3}0.030{col 57}{space 4}-37.02999{col 70}{space 3}-1.873189
{txt}{space 10}2000  {c |}{col 17}{res}{space 2}-12.93995{col 29}{space 2} 7.913019{col 40}{space 1}   -1.64{col 49}{space 3}0.105{col 57}{space 4}-28.62492{col 70}{space 3} 2.745029
{txt}{space 10}2001  {c |}{col 17}{res}{space 2}-17.89669{col 29}{space 2} 8.673252{col 40}{space 1}   -2.06{col 49}{space 3}0.041{col 57}{space 4}-35.08858{col 70}{space 3}-.7048038
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}-17.92244{col 29}{space 2} 7.760136{col 40}{space 1}   -2.31{col 49}{space 3}0.023{col 57}{space 4}-33.30438{col 70}{space 3}-2.540506
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} -16.9008{col 29}{space 2} 9.708463{col 40}{space 1}   -1.74{col 49}{space 3}0.085{col 57}{space 4}-36.14466{col 70}{space 3} 2.343058
{txt}{space 10}2004  {c |}{col 17}{res}{space 2}-17.48601{col 29}{space 2} 7.959148{col 40}{space 1}   -2.20{col 49}{space 3}0.030{col 57}{space 4}-33.26242{col 70}{space 3}-1.709602
{txt}{space 10}2005  {c |}{col 17}{res}{space 2}-22.23589{col 29}{space 2} 9.002318{col 40}{space 1}   -2.47{col 49}{space 3}0.015{col 57}{space 4}-40.08004{col 70}{space 3}-4.391731
{txt}{space 10}2006  {c |}{col 17}{res}{space 2}-18.42244{col 29}{space 2} 9.094439{col 40}{space 1}   -2.03{col 49}{space 3}0.045{col 57}{space 4}-36.44919{col 70}{space 3}-.3956797
{txt}{space 10}2007  {c |}{col 17}{res}{space 2}-20.41966{col 29}{space 2} 9.094551{col 40}{space 1}   -2.25{col 49}{space 3}0.027{col 57}{space 4}-38.44664{col 70}{space 3}-2.392685
{txt}{space 10}2008  {c |}{col 17}{res}{space 2}-17.51447{col 29}{space 2} 9.054758{col 40}{space 1}   -1.93{col 49}{space 3}0.056{col 57}{space 4}-35.46258{col 70}{space 3} .4336266
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-18.53967{col 29}{space 2} 9.062305{col 40}{space 1}   -2.05{col 49}{space 3}0.043{col 57}{space 4}-36.50272{col 70}{space 3}-.5766053
{txt}{space 10}2010  {c |}{col 17}{res}{space 2}-20.89144{col 29}{space 2}  8.52845{col 40}{space 1}   -2.45{col 49}{space 3}0.016{col 57}{space 4}-37.79631{col 70}{space 3}-3.986569
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-14.11448{col 29}{space 2} 14.63908{col 40}{space 1}   -0.96{col 49}{space 3}0.337{col 57}{space 4}-43.13167{col 70}{space 3} 14.90271
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. 
. 
. *** 3.C: NEW SOUTHERN STATES (N = 5): FULL TIME PERIOD *** ARDL (1,1)
. 
. newey d.real_pc_inc_ann l.real_pc_inc_ann l.klarnerranney d.klarnerranney i.state_fips i.year if year >1980 &  newsouth==1, lag(5) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       150
{txt}maximum lag: {res}5{col 49}{txt}F( 36,       113){col 67}= {res}     88.94
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}{col 29}  Newey-West
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.0579071{col 29}{space 2} .0371794{col 40}{space 1}   -1.56{col 49}{space 3}0.122{col 57}{space 4}-.1315663{col 70}{space 3}  .015752
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-3.752242{col 29}{space 2} 1.597948{col 40}{space 1}   -2.35{col 49}{space 3}0.021{col 57}{space 4}-6.918065{col 70}{space 3}-.5864195
{txt}{space 12}D1. {c |}{col 17}{res}{space 2}-1.642779{col 29}{space 2} 1.956267{col 40}{space 1}   -0.84{col 49}{space 3}0.403{col 57}{space 4}-5.518498{col 70}{space 3} 2.232939
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2}-112.8123{col 29}{space 2} 70.17179{col 40}{space 1}   -1.61{col 49}{space 3}0.111{col 57}{space 4}-251.8352{col 70}{space 3}  26.2107
{txt}{space 12}37  {c |}{col 17}{res}{space 2}-84.94909{col 29}{space 2} 76.10436{col 40}{space 1}   -1.12{col 49}{space 3}0.267{col 57}{space 4}-235.7256{col 70}{space 3} 65.82738
{txt}{space 12}48  {c |}{col 17}{res}{space 2}-55.73193{col 29}{space 2}  82.4899{col 40}{space 1}   -0.68{col 49}{space 3}0.501{col 57}{space 4}-219.1593{col 70}{space 3} 107.6954
{txt}{space 12}51  {c |}{col 17}{res}{space 2}  164.062{col 29}{space 2} 66.06879{col 40}{space 1}    2.48{col 49}{space 3}0.014{col 57}{space 4} 33.16785{col 70}{space 3} 294.9562
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-138.8903{col 29}{space 2} 104.6324{col 40}{space 1}   -1.33{col 49}{space 3}0.187{col 57}{space 4}-346.1859{col 70}{space 3} 68.40526
{txt}{space 10}1983  {c |}{col 17}{res}{space 2} 245.9201{col 29}{space 2} 158.4654{col 40}{space 1}    1.55{col 49}{space 3}0.123{col 57}{space 4}-68.02849{col 70}{space 3} 559.8687
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 500.1532{col 29}{space 2} 125.1754{col 40}{space 1}    4.00{col 49}{space 3}0.000{col 57}{space 4} 252.1583{col 70}{space 3} 748.1482
{txt}{space 10}1985  {c |}{col 17}{res}{space 2}  278.845{col 29}{space 2} 112.5327{col 40}{space 1}    2.48{col 49}{space 3}0.015{col 57}{space 4} 55.89746{col 70}{space 3} 501.7925
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} 320.2966{col 29}{space 2}  161.363{col 40}{space 1}    1.98{col 49}{space 3}0.050{col 57}{space 4} .6073867{col 70}{space 3} 639.9859
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 148.8964{col 29}{space 2} 136.4138{col 40}{space 1}    1.09{col 49}{space 3}0.277{col 57}{space 4}-121.3639{col 70}{space 3} 419.1567
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} 354.0452{col 29}{space 2} 129.9267{col 40}{space 1}    2.72{col 49}{space 3}0.007{col 57}{space 4}  96.6371{col 70}{space 3} 611.4534
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 286.0091{col 29}{space 2} 153.9608{col 40}{space 1}    1.86{col 49}{space 3}0.066{col 57}{space 4}  -19.015{col 70}{space 3} 591.0333
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-33.56104{col 29}{space 2} 180.8377{col 40}{space 1}   -0.19{col 49}{space 3}0.853{col 57}{space 4}-391.8332{col 70}{space 3} 324.7111
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-148.0081{col 29}{space 2} 150.6186{col 40}{space 1}   -0.98{col 49}{space 3}0.328{col 57}{space 4}-446.4106{col 70}{space 3} 150.3944
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 325.5284{col 29}{space 2} 155.8003{col 40}{space 1}    2.09{col 49}{space 3}0.039{col 57}{space 4} 16.85986{col 70}{space 3} 634.1968
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 188.3408{col 29}{space 2} 152.9742{col 40}{space 1}    1.23{col 49}{space 3}0.221{col 57}{space 4}-114.7288{col 70}{space 3} 491.4103
{txt}{space 10}1994  {c |}{col 17}{res}{space 2} 342.2765{col 29}{space 2} 160.6387{col 40}{space 1}    2.13{col 49}{space 3}0.035{col 57}{space 4} 24.02219{col 70}{space 3} 660.5309
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 395.7562{col 29}{space 2} 177.0725{col 40}{space 1}    2.23{col 49}{space 3}0.027{col 57}{space 4} 44.94355{col 70}{space 3} 746.5688
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 492.4945{col 29}{space 2} 192.1495{col 40}{space 1}    2.56{col 49}{space 3}0.012{col 57}{space 4} 111.8118{col 70}{space 3} 873.1772
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 611.9121{col 29}{space 2} 214.1179{col 40}{space 1}    2.86{col 49}{space 3}0.005{col 57}{space 4} 187.7061{col 70}{space 3} 1036.118
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 907.5794{col 29}{space 2} 206.3197{col 40}{space 1}    4.40{col 49}{space 3}0.000{col 57}{space 4} 498.8229{col 70}{space 3} 1316.336
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 578.5311{col 29}{space 2} 227.0841{col 40}{space 1}    2.55{col 49}{space 3}0.012{col 57}{space 4} 128.6366{col 70}{space 3} 1028.426
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 811.2276{col 29}{space 2} 241.0436{col 40}{space 1}    3.37{col 49}{space 3}0.001{col 57}{space 4} 333.6767{col 70}{space 3} 1288.778
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 322.6291{col 29}{space 2} 258.0544{col 40}{space 1}    1.25{col 49}{space 3}0.214{col 57}{space 4}-188.6232{col 70}{space 3} 833.8814
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} 167.6083{col 29}{space 2} 251.8742{col 40}{space 1}    0.67{col 49}{space 3}0.507{col 57}{space 4}   -331.4{col 70}{space 3} 666.6166
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 323.1355{col 29}{space 2} 238.4338{col 40}{space 1}    1.36{col 49}{space 3}0.178{col 57}{space 4}-149.2449{col 70}{space 3} 795.5159
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 713.2805{col 29}{space 2} 254.8671{col 40}{space 1}    2.80{col 49}{space 3}0.006{col 57}{space 4} 208.3427{col 70}{space 3} 1218.218
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 686.1677{col 29}{space 2} 265.4221{col 40}{space 1}    2.59{col 49}{space 3}0.011{col 57}{space 4} 160.3186{col 70}{space 3} 1212.017
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 728.8141{col 29}{space 2} 281.2981{col 40}{space 1}    2.59{col 49}{space 3}0.011{col 57}{space 4} 171.5119{col 70}{space 3} 1286.116
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 598.6939{col 29}{space 2} 278.1218{col 40}{space 1}    2.15{col 49}{space 3}0.033{col 57}{space 4} 47.68438{col 70}{space 3} 1149.703
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 257.8965{col 29}{space 2} 363.8473{col 40}{space 1}    0.71{col 49}{space 3}0.480{col 57}{space 4}-462.9506{col 70}{space 3} 978.7435
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-557.5885{col 29}{space 2} 270.5833{col 40}{space 1}   -2.06{col 49}{space 3}0.042{col 57}{space 4}-1093.663{col 70}{space 3}-21.51406
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} 459.4819{col 29}{space 2} 263.8522{col 40}{space 1}    1.74{col 49}{space 3}0.084{col 57}{space 4}-63.25686{col 70}{space 3} 982.2206
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 1014.637{col 29}{space 2} 460.4915{col 40}{space 1}    2.20{col 49}{space 3}0.030{col 57}{space 4} 102.3207{col 70}{space 3} 1926.954
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. newey d.klarnerranney l.klarnerranney l.real_pc_inc_ann d.real_pc_inc_ann i.state_fips i.year if year >1980 &  newsouth==1, lag(5) force 

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       150
{txt}maximum lag: {res}5{col 49}{txt}F( 36,       113){col 67}= {res}      4.73
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}  Newey-West
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1856765{col 29}{space 2} .0576726{col 40}{space 1}   -3.22{col 49}{space 3}0.002{col 57}{space 4}-.2999363{col 70}{space 3}-.0714167
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0017862{col 29}{space 2}  .000949{col 40}{space 1}    1.88{col 49}{space 3}0.062{col 57}{space 4} -.000094{col 70}{space 3} .0036664
{txt}{space 12}D1. {c |}{col 17}{res}{space 2}-.0021561{col 29}{space 2} .0027135{col 40}{space 1}   -0.79{col 49}{space 3}0.429{col 57}{space 4} -.007532{col 70}{space 3} .0032198
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2} .9194471{col 29}{space 2} 2.379087{col 40}{space 1}    0.39{col 49}{space 3}0.700{col 57}{space 4}-3.793953{col 70}{space 3} 5.632847
{txt}{space 12}37  {c |}{col 17}{res}{space 2} 3.166119{col 29}{space 2} 2.232734{col 40}{space 1}    1.42{col 49}{space 3}0.159{col 57}{space 4} -1.25733{col 70}{space 3} 7.589568
{txt}{space 12}48  {c |}{col 17}{res}{space 2} 2.444275{col 29}{space 2} 1.700223{col 40}{space 1}    1.44{col 49}{space 3}0.153{col 57}{space 4}-.9241734{col 70}{space 3} 5.812723
{txt}{space 12}51  {c |}{col 17}{res}{space 2}-.1769595{col 29}{space 2} 1.939319{col 40}{space 1}   -0.09{col 49}{space 3}0.927{col 57}{space 4}  -4.0191{col 70}{space 3} 3.665181
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-6.139322{col 29}{space 2} 4.494106{col 40}{space 1}   -1.37{col 49}{space 3}0.175{col 57}{space 4}-15.04296{col 70}{space 3} 2.764313
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-13.98196{col 29}{space 2}  5.61398{col 40}{space 1}   -2.49{col 49}{space 3}0.014{col 57}{space 4}-25.10427{col 70}{space 3}-2.859654
{txt}{space 10}1984  {c |}{col 17}{res}{space 2}-8.258595{col 29}{space 2} 3.637394{col 40}{space 1}   -2.27{col 49}{space 3}0.025{col 57}{space 4}-15.46493{col 70}{space 3}-1.052261
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} .4189063{col 29}{space 2} 5.211203{col 40}{space 1}    0.08{col 49}{space 3}0.936{col 57}{space 4}-9.905428{col 70}{space 3} 10.74324
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}-8.414808{col 29}{space 2} 3.834618{col 40}{space 1}   -2.19{col 49}{space 3}0.030{col 57}{space 4}-16.01188{col 70}{space 3}-.8177385
{txt}{space 10}1987  {c |}{col 17}{res}{space 2}-6.393038{col 29}{space 2} 5.007528{col 40}{space 1}   -1.28{col 49}{space 3}0.204{col 57}{space 4}-16.31385{col 70}{space 3} 3.527778
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} -8.71952{col 29}{space 2} 4.034705{col 40}{space 1}   -2.16{col 49}{space 3}0.033{col 57}{space 4}  -16.713{col 70}{space 3}-.7260403
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} -2.58957{col 29}{space 2} 4.944338{col 40}{space 1}   -0.52{col 49}{space 3}0.601{col 57}{space 4}-12.38519{col 70}{space 3} 7.206055
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-8.826575{col 29}{space 2} 4.640374{col 40}{space 1}   -1.90{col 49}{space 3}0.060{col 57}{space 4}-18.01999{col 70}{space 3} .3668422
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-10.76086{col 29}{space 2} 4.579049{col 40}{space 1}   -2.35{col 49}{space 3}0.021{col 57}{space 4}-19.83278{col 70}{space 3}-1.688939
{txt}{space 10}1992  {c |}{col 17}{res}{space 2}-3.176768{col 29}{space 2} 6.261566{col 40}{space 1}   -0.51{col 49}{space 3}0.613{col 57}{space 4}-15.58206{col 70}{space 3} 9.228524
{txt}{space 10}1993  {c |}{col 17}{res}{space 2}-1.708071{col 29}{space 2} 5.453343{col 40}{space 1}   -0.31{col 49}{space 3}0.755{col 57}{space 4}-12.51213{col 70}{space 3} 9.095986
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}-5.184046{col 29}{space 2} 5.233448{col 40}{space 1}   -0.99{col 49}{space 3}0.324{col 57}{space 4}-15.55245{col 70}{space 3} 5.184358
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 6.591318{col 29}{space 2}  8.43345{col 40}{space 1}    0.78{col 49}{space 3}0.436{col 57}{space 4}-10.11687{col 70}{space 3}  23.2995
{txt}{space 10}1996  {c |}{col 17}{res}{space 2}-4.124241{col 29}{space 2} 6.229705{col 40}{space 1}   -0.66{col 49}{space 3}0.509{col 57}{space 4}-16.46641{col 70}{space 3} 8.217929
{txt}{space 10}1997  {c |}{col 17}{res}{space 2}-3.360663{col 29}{space 2} 6.986177{col 40}{space 1}   -0.48{col 49}{space 3}0.631{col 57}{space 4}-17.20154{col 70}{space 3} 10.48021
{txt}{space 10}1998  {c |}{col 17}{res}{space 2}-4.873888{col 29}{space 2}  6.85542{col 40}{space 1}   -0.71{col 49}{space 3}0.479{col 57}{space 4}-18.45571{col 70}{space 3} 8.707936
{txt}{space 10}1999  {c |}{col 17}{res}{space 2}-12.72143{col 29}{space 2} 7.744112{col 40}{space 1}   -1.64{col 49}{space 3}0.103{col 57}{space 4}-28.06391{col 70}{space 3} 2.621055
{txt}{space 10}2000  {c |}{col 17}{res}{space 2}-8.239002{col 29}{space 2} 7.007222{col 40}{space 1}   -1.18{col 49}{space 3}0.242{col 57}{space 4}-22.12157{col 70}{space 3} 5.643569
{txt}{space 10}2001  {c |}{col 17}{res}{space 2}-10.59242{col 29}{space 2} 7.520189{col 40}{space 1}   -1.41{col 49}{space 3}0.162{col 57}{space 4}-25.49127{col 70}{space 3} 4.306436
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}-13.16123{col 29}{space 2} 7.108944{col 40}{space 1}   -1.85{col 49}{space 3}0.067{col 57}{space 4}-27.24533{col 70}{space 3}   .92287
{txt}{space 10}2003  {c |}{col 17}{res}{space 2}-10.96723{col 29}{space 2} 9.049921{col 40}{space 1}   -1.21{col 49}{space 3}0.228{col 57}{space 4}-28.89676{col 70}{space 3} 6.962294
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} -9.83086{col 29}{space 2} 7.296535{col 40}{space 1}   -1.35{col 49}{space 3}0.181{col 57}{space 4}-24.28661{col 70}{space 3} 4.624892
{txt}{space 10}2005  {c |}{col 17}{res}{space 2}-13.61711{col 29}{space 2} 7.986457{col 40}{space 1}   -1.71{col 49}{space 3}0.091{col 57}{space 4}-29.43972{col 70}{space 3} 2.205503
{txt}{space 10}2006  {c |}{col 17}{res}{space 2}-11.74328{col 29}{space 2} 7.996375{col 40}{space 1}   -1.47{col 49}{space 3}0.145{col 57}{space 4}-27.58554{col 70}{space 3} 4.098986
{txt}{space 10}2007  {c |}{col 17}{res}{space 2}-13.33085{col 29}{space 2}  8.17593{col 40}{space 1}   -1.63{col 49}{space 3}0.106{col 57}{space 4}-29.52884{col 70}{space 3} 2.867142
{txt}{space 10}2008  {c |}{col 17}{res}{space 2}-11.04594{col 29}{space 2} 8.066686{col 40}{space 1}   -1.37{col 49}{space 3}0.174{col 57}{space 4} -27.0275{col 70}{space 3} 4.935617
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-13.90524{col 29}{space 2} 8.677322{col 40}{space 1}   -1.60{col 49}{space 3}0.112{col 57}{space 4}-31.09658{col 70}{space 3} 3.286095
{txt}{space 10}2010  {c |}{col 17}{res}{space 2}-17.07613{col 29}{space 2} 8.036762{col 40}{space 1}   -2.12{col 49}{space 3}0.036{col 57}{space 4} -32.9984{col 70}{space 3}-1.153852
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-5.360757{col 29}{space 2} 12.84227{col 40}{space 1}   -0.42{col 49}{space 3}0.677{col 57}{space 4}-30.80362{col 70}{space 3}  20.0821
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. 
. 
. *** 3.D: Reduce (4,3) MODEL TO MATCH (5,4) ***
. *(5,4)*
. //Income (5,4)
. newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney  l4.d.real_pc_inc_ann l3.d.klarnerranney  i.state_fips i.year if year >1980 &  newsouth==1, lag(5) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       150
{txt}maximum lag: {res}5{col 49}{txt}F( 43,       106){col 67}= {res}    133.07
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}{col 29}  Newey-West
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1140144{col 29}{space 2} .0539372{col 40}{space 1}   -2.11{col 49}{space 3}0.037{col 57}{space 4}-.2209501{col 70}{space 3}-.0070788
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-2.983926{col 29}{space 2} 1.807841{col 40}{space 1}   -1.65{col 49}{space 3}0.102{col 57}{space 4}-6.568147{col 70}{space 3} .6002943
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .1374956{col 29}{space 2} .1187847{col 40}{space 1}    1.16{col 49}{space 3}0.250{col 57}{space 4}-.0980066{col 70}{space 3} .3729977
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}D1. {c |}{col 17}{res}{space 2}-.6963617{col 29}{space 2} 1.781563{col 40}{space 1}   -0.39{col 49}{space 3}0.697{col 57}{space 4}-4.228484{col 70}{space 3} 2.835761
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .3234004{col 29}{space 2} .0827133{col 40}{space 1}    3.91{col 49}{space 3}0.000{col 57}{space 4} .1594133{col 70}{space 3} .4873875
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} 1.955616{col 29}{space 2} 2.167934{col 40}{space 1}    0.90{col 49}{space 3}0.369{col 57}{space 4}-2.342524{col 70}{space 3} 6.253755
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0754285{col 29}{space 2}  .157246{col 40}{space 1}    0.48{col 49}{space 3}0.632{col 57}{space 4}-.2363271{col 70}{space 3} .3871841
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} 1.100321{col 29}{space 2} 2.397713{col 40}{space 1}    0.46{col 49}{space 3}0.647{col 57}{space 4}-3.653379{col 70}{space 3} 5.854021
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L4D. {c |}{col 17}{res}{space 2}-.0585122{col 29}{space 2} .1167955{col 40}{space 1}   -0.50{col 49}{space 3}0.617{col 57}{space 4}-.2900707{col 70}{space 3} .1730462
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .4339934{col 29}{space 2} 1.820809{col 40}{space 1}    0.24{col 49}{space 3}0.812{col 57}{space 4}-3.175937{col 70}{space 3} 4.043924
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2}-166.7452{col 29}{space 2} 82.85103{col 40}{space 1}   -2.01{col 49}{space 3}0.047{col 57}{space 4}-331.0055{col 70}{space 3}-2.485007
{txt}{space 12}37  {c |}{col 17}{res}{space 2}-168.7687{col 29}{space 2} 91.78988{col 40}{space 1}   -1.84{col 49}{space 3}0.069{col 57}{space 4}-350.7511{col 70}{space 3} 13.21362
{txt}{space 12}48  {c |}{col 17}{res}{space 2}-104.8335{col 29}{space 2} 71.37542{col 40}{space 1}   -1.47{col 49}{space 3}0.145{col 57}{space 4}-246.3422{col 70}{space 3} 36.67523
{txt}{space 12}51  {c |}{col 17}{res}{space 2} 188.5626{col 29}{space 2} 63.47117{col 40}{space 1}    2.97{col 49}{space 3}0.004{col 57}{space 4} 62.72481{col 70}{space 3} 314.4004
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-93.03228{col 29}{space 2} 141.3349{col 40}{space 1}   -0.66{col 49}{space 3}0.512{col 57}{space 4}-373.2425{col 70}{space 3} 187.1779
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}  195.711{col 29}{space 2} 184.7011{col 40}{space 1}    1.06{col 49}{space 3}0.292{col 57}{space 4}-170.4769{col 70}{space 3} 561.8988
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 459.6515{col 29}{space 2}  150.445{col 40}{space 1}    3.06{col 49}{space 3}0.003{col 57}{space 4} 161.3797{col 70}{space 3} 757.9234
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 138.6265{col 29}{space 2}  194.123{col 40}{space 1}    0.71{col 49}{space 3}0.477{col 57}{space 4}-246.2412{col 70}{space 3} 523.4942
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} 97.85366{col 29}{space 2} 165.8822{col 40}{space 1}    0.59{col 49}{space 3}0.557{col 57}{space 4} -231.024{col 70}{space 3} 426.7313
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 44.18321{col 29}{space 2} 151.6169{col 40}{space 1}    0.29{col 49}{space 3}0.771{col 57}{space 4}-256.4121{col 70}{space 3} 344.7785
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} 324.1553{col 29}{space 2} 159.1242{col 40}{space 1}    2.04{col 49}{space 3}0.044{col 57}{space 4} 8.676069{col 70}{space 3} 639.6345
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 299.8204{col 29}{space 2} 204.8575{col 40}{space 1}    1.46{col 49}{space 3}0.146{col 57}{space 4}-106.3296{col 70}{space 3} 705.9704
{txt}{space 10}1990  {c |}{col 17}{res}{space 2} -47.5854{col 29}{space 2} 235.0578{col 40}{space 1}   -0.20{col 49}{space 3}0.840{col 57}{space 4}-513.6104{col 70}{space 3} 418.4396
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-104.0518{col 29}{space 2} 198.0843{col 40}{space 1}   -0.53{col 49}{space 3}0.600{col 57}{space 4}-496.7731{col 70}{space 3} 288.6695
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 508.5806{col 29}{space 2} 191.4408{col 40}{space 1}    2.66{col 49}{space 3}0.009{col 57}{space 4} 129.0306{col 70}{space 3} 888.1306
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 364.3979{col 29}{space 2} 252.1698{col 40}{space 1}    1.45{col 49}{space 3}0.151{col 57}{space 4}-135.5532{col 70}{space 3}  864.349
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}  371.817{col 29}{space 2} 282.7985{col 40}{space 1}    1.31{col 49}{space 3}0.191{col 57}{space 4}-188.8585{col 70}{space 3} 932.4924
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 427.2646{col 29}{space 2} 248.3127{col 40}{space 1}    1.72{col 49}{space 3}0.088{col 57}{space 4}-65.03954{col 70}{space 3} 919.5687
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 518.3206{col 29}{space 2} 253.8712{col 40}{space 1}    2.04{col 49}{space 3}0.044{col 57}{space 4} 14.99621{col 70}{space 3} 1021.645
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 635.7672{col 29}{space 2} 282.8083{col 40}{space 1}    2.25{col 49}{space 3}0.027{col 57}{space 4}  75.0722{col 70}{space 3} 1196.462
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 937.5799{col 29}{space 2} 278.4625{col 40}{space 1}    3.37{col 49}{space 3}0.001{col 57}{space 4} 385.5009{col 70}{space 3} 1489.659
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 587.6617{col 29}{space 2} 321.3739{col 40}{space 1}    1.83{col 49}{space 3}0.070{col 57}{space 4}-49.49337{col 70}{space 3} 1224.817
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 807.7312{col 29}{space 2} 318.7952{col 40}{space 1}    2.53{col 49}{space 3}0.013{col 57}{space 4} 175.6888{col 70}{space 3} 1439.774
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 415.7127{col 29}{space 2}  321.009{col 40}{space 1}    1.30{col 49}{space 3}0.198{col 57}{space 4}-220.7188{col 70}{space 3} 1052.144
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} 301.2678{col 29}{space 2}  335.235{col 40}{space 1}    0.90{col 49}{space 3}0.371{col 57}{space 4}-363.3682{col 70}{space 3} 965.9039
{txt}{space 10}2003  {c |}{col 17}{res}{space 2}   601.57{col 29}{space 2} 311.7716{col 40}{space 1}    1.93{col 49}{space 3}0.056{col 57}{space 4}-16.54753{col 70}{space 3} 1219.688
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 1069.972{col 29}{space 2} 354.8119{col 40}{space 1}    3.02{col 49}{space 3}0.003{col 57}{space 4} 366.5224{col 70}{space 3} 1773.421
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 939.9712{col 29}{space 2} 432.3859{col 40}{space 1}    2.17{col 49}{space 3}0.032{col 57}{space 4} 82.72414{col 70}{space 3} 1797.218
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 866.5048{col 29}{space 2} 419.8048{col 40}{space 1}    2.06{col 49}{space 3}0.041{col 57}{space 4} 34.20091{col 70}{space 3} 1698.809
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 748.6487{col 29}{space 2} 410.7007{col 40}{space 1}    1.82{col 49}{space 3}0.071{col 57}{space 4}-65.60529{col 70}{space 3} 1562.903
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 456.6214{col 29}{space 2} 485.7605{col 40}{space 1}    0.94{col 49}{space 3}0.349{col 57}{space 4}-506.4461{col 70}{space 3} 1419.689
{txt}{space 10}2009  {c |}{col 17}{res}{space 2} -279.096{col 29}{space 2} 370.3332{col 40}{space 1}   -0.75{col 49}{space 3}0.453{col 57}{space 4}-1013.318{col 70}{space 3} 455.1255
{txt}{space 10}2010  {c |}{col 17}{res}{space 2}  933.898{col 29}{space 2} 358.0686{col 40}{space 1}    2.61{col 49}{space 3}0.010{col 57}{space 4} 223.9921{col 70}{space 3} 1643.804
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 1644.116{col 29}{space 2} 586.8196{col 40}{space 1}    2.80{col 49}{space 3}0.006{col 57}{space 4} 480.6894{col 70}{space 3} 2807.543
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. predict allstates8110inc
{txt}(option xb assumed; fitted values)
(245 missing values generated)

{com}. 
. //ols version
. reg d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney  l4.d.real_pc_inc_ann l3.d.klarnerranney  i.state_fips i.year if year >1980 &  newsouth==1

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       150
{txt}{hline 13}{c +}{hline 34}   F(43, 106)      = {res}    12.17
{txt}       Model {c |} {res}   14410349        43  335124.396   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 2918035.78       106  27528.6394   {txt}R-squared       ={res}    0.8316
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.7633
{txt}       Total {c |} {res} 17328384.8       149  116297.885   {txt}Root MSE        =   {res} 165.92

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1140144{col 29}{space 2} .0397591{col 40}{space 1}   -2.87{col 49}{space 3}0.005{col 57}{space 4}-.1928408{col 70}{space 3}-.0351881
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-2.983926{col 29}{space 2}  1.78492{col 40}{space 1}   -1.67{col 49}{space 3}0.098{col 57}{space 4}-6.522704{col 70}{space 3}  .554851
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .1374956{col 29}{space 2} .0923775{col 40}{space 1}    1.49{col 49}{space 3}0.140{col 57}{space 4}-.0456517{col 70}{space 3} .3206429
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}D1. {c |}{col 17}{res}{space 2}-.6963617{col 29}{space 2}  2.53832{col 40}{space 1}   -0.27{col 49}{space 3}0.784{col 57}{space 4}-5.728828{col 70}{space 3} 4.336105
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .3234004{col 29}{space 2} .1022286{col 40}{space 1}    3.16{col 49}{space 3}0.002{col 57}{space 4} .1207222{col 70}{space 3} .5260786
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} 1.955616{col 29}{space 2} 2.640722{col 40}{space 1}    0.74{col 49}{space 3}0.461{col 57}{space 4}-3.279873{col 70}{space 3} 7.191105
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0754285{col 29}{space 2} .1172829{col 40}{space 1}    0.64{col 49}{space 3}0.522{col 57}{space 4}-.1570963{col 70}{space 3} .3079533
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} 1.100321{col 29}{space 2} 2.574862{col 40}{space 1}    0.43{col 49}{space 3}0.670{col 57}{space 4}-4.004594{col 70}{space 3} 6.205236
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L4D. {c |}{col 17}{res}{space 2}-.0585122{col 29}{space 2} .1159316{col 40}{space 1}   -0.50{col 49}{space 3}0.615{col 57}{space 4} -.288358{col 70}{space 3} .1713335
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .4339934{col 29}{space 2} 2.546699{col 40}{space 1}    0.17{col 49}{space 3}0.865{col 57}{space 4}-4.615085{col 70}{space 3} 5.483072
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2}-166.7452{col 29}{space 2} 69.94181{col 40}{space 1}   -2.38{col 49}{space 3}0.019{col 57}{space 4}-305.4117{col 70}{space 3} -28.0788
{txt}{space 12}37  {c |}{col 17}{res}{space 2}-168.7687{col 29}{space 2} 75.07042{col 40}{space 1}   -2.25{col 49}{space 3}0.027{col 57}{space 4}-317.6032{col 70}{space 3}-19.93433
{txt}{space 12}48  {c |}{col 17}{res}{space 2}-104.8335{col 29}{space 2}   55.264{col 40}{space 1}   -1.90{col 49}{space 3}0.061{col 57}{space 4}-214.3997{col 70}{space 3}  4.73278
{txt}{space 12}51  {c |}{col 17}{res}{space 2} 188.5626{col 29}{space 2} 59.22821{col 40}{space 1}    3.18{col 49}{space 3}0.002{col 57}{space 4}  71.1369{col 70}{space 3} 305.9883
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-93.03228{col 29}{space 2} 134.6479{col 40}{space 1}   -0.69{col 49}{space 3}0.491{col 57}{space 4}-359.9849{col 70}{space 3} 173.9203
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}  195.711{col 29}{space 2} 147.4662{col 40}{space 1}    1.33{col 49}{space 3}0.187{col 57}{space 4}-96.65519{col 70}{space 3} 488.0771
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 459.6515{col 29}{space 2} 146.6497{col 40}{space 1}    3.13{col 49}{space 3}0.002{col 57}{space 4} 168.9042{col 70}{space 3} 750.3989
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 138.6265{col 29}{space 2} 166.0174{col 40}{space 1}    0.84{col 49}{space 3}0.406{col 57}{space 4}-190.5192{col 70}{space 3} 467.7722
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} 97.85366{col 29}{space 2} 159.8461{col 40}{space 1}    0.61{col 49}{space 3}0.542{col 57}{space 4}-219.0568{col 70}{space 3} 414.7641
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 44.18321{col 29}{space 2} 139.7785{col 40}{space 1}    0.32{col 49}{space 3}0.753{col 57}{space 4}-232.9413{col 70}{space 3} 321.3077
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} 324.1553{col 29}{space 2} 149.1724{col 40}{space 1}    2.17{col 49}{space 3}0.032{col 57}{space 4} 28.40645{col 70}{space 3} 619.9041
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 299.8204{col 29}{space 2} 159.0274{col 40}{space 1}    1.89{col 49}{space 3}0.062{col 57}{space 4}-15.46689{col 70}{space 3} 615.1077
{txt}{space 10}1990  {c |}{col 17}{res}{space 2} -47.5854{col 29}{space 2} 176.6616{col 40}{space 1}   -0.27{col 49}{space 3}0.788{col 57}{space 4}-397.8343{col 70}{space 3} 302.6635
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-104.0518{col 29}{space 2} 168.0498{col 40}{space 1}   -0.62{col 49}{space 3}0.537{col 57}{space 4} -437.227{col 70}{space 3} 229.1234
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 508.5806{col 29}{space 2} 159.5977{col 40}{space 1}    3.19{col 49}{space 3}0.002{col 57}{space 4} 192.1627{col 70}{space 3} 824.9986
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 364.3979{col 29}{space 2} 193.2638{col 40}{space 1}    1.89{col 49}{space 3}0.062{col 57}{space 4}-18.76635{col 70}{space 3} 747.5621
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}  371.817{col 29}{space 2} 211.7074{col 40}{space 1}    1.76{col 49}{space 3}0.082{col 57}{space 4}-47.91347{col 70}{space 3} 791.5474
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 427.2646{col 29}{space 2} 199.1918{col 40}{space 1}    2.14{col 49}{space 3}0.034{col 57}{space 4} 32.34745{col 70}{space 3} 822.1817
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 518.3206{col 29}{space 2} 205.3719{col 40}{space 1}    2.52{col 49}{space 3}0.013{col 57}{space 4} 111.1508{col 70}{space 3} 925.4904
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 635.7672{col 29}{space 2} 216.7983{col 40}{space 1}    2.93{col 49}{space 3}0.004{col 57}{space 4} 205.9434{col 70}{space 3} 1065.591
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 937.5799{col 29}{space 2} 230.7492{col 40}{space 1}    4.06{col 49}{space 3}0.000{col 57}{space 4} 480.0972{col 70}{space 3} 1395.063
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 587.6617{col 29}{space 2} 262.9654{col 40}{space 1}    2.23{col 49}{space 3}0.028{col 57}{space 4} 66.30718{col 70}{space 3} 1109.016
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 807.7312{col 29}{space 2} 263.8852{col 40}{space 1}    3.06{col 49}{space 3}0.003{col 57}{space 4} 284.5532{col 70}{space 3} 1330.909
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 415.7127{col 29}{space 2} 270.7813{col 40}{space 1}    1.54{col 49}{space 3}0.128{col 57}{space 4}-121.1376{col 70}{space 3}  952.563
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} 301.2678{col 29}{space 2} 273.8456{col 40}{space 1}    1.10{col 49}{space 3}0.274{col 57}{space 4}-241.6577{col 70}{space 3} 844.1933
{txt}{space 10}2003  {c |}{col 17}{res}{space 2}   601.57{col 29}{space 2} 262.8738{col 40}{space 1}    2.29{col 49}{space 3}0.024{col 57}{space 4} 80.39709{col 70}{space 3} 1122.743
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 1069.972{col 29}{space 2} 278.6095{col 40}{space 1}    3.84{col 49}{space 3}0.000{col 57}{space 4} 517.6011{col 70}{space 3} 1622.342
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 939.9712{col 29}{space 2} 315.8956{col 40}{space 1}    2.98{col 49}{space 3}0.004{col 57}{space 4} 313.6774{col 70}{space 3} 1566.265
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 866.5048{col 29}{space 2} 325.5191{col 40}{space 1}    2.66{col 49}{space 3}0.009{col 57}{space 4} 221.1316{col 70}{space 3} 1511.878
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 748.6487{col 29}{space 2} 317.7695{col 40}{space 1}    2.36{col 49}{space 3}0.020{col 57}{space 4} 118.6397{col 70}{space 3} 1378.658
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 456.6214{col 29}{space 2} 312.0937{col 40}{space 1}    1.46{col 49}{space 3}0.146{col 57}{space 4}-162.1348{col 70}{space 3} 1075.378
{txt}{space 10}2009  {c |}{col 17}{res}{space 2} -279.096{col 29}{space 2} 305.9202{col 40}{space 1}   -0.91{col 49}{space 3}0.364{col 57}{space 4}-885.6125{col 70}{space 3} 327.4205
{txt}{space 10}2010  {c |}{col 17}{res}{space 2}  933.898{col 29}{space 2} 291.9799{col 40}{space 1}    3.20{col 49}{space 3}0.002{col 57}{space 4} 355.0195{col 70}{space 3} 1512.776
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 1644.116{col 29}{space 2} 452.4524{col 40}{space 1}    3.63{col 49}{space 3}0.000{col 57}{space 4} 747.0854{col 70}{space 3} 2541.147
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. 
. predict allstates8110incols
{txt}(option {bf:xb} assumed; fitted values)
(245 missing values generated)

{com}. 
. //Political Competition (PC) (5,4)
. 
. newey d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann  l4.d.klarnerranney l3.d.real_pc_inc_ann  i.state_fips i.year if year >1980 &  newsouth==1, lag(5) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       150
{txt}maximum lag: {res}5{col 49}{txt}F( 43,       106){col 67}= {res}      6.75
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}  Newey-West
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1472545{col 29}{space 2} .0529385{col 40}{space 1}   -2.78{col 49}{space 3}0.006{col 57}{space 4}-.2522102{col 70}{space 3}-.0422988
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0030138{col 29}{space 2} .0012684{col 40}{space 1}    2.38{col 49}{space 3}0.019{col 57}{space 4} .0004991{col 70}{space 3} .0055286
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-.0573655{col 29}{space 2}    .0724{col 40}{space 1}   -0.79{col 49}{space 3}0.430{col 57}{space 4}-.2009056{col 70}{space 3} .0861746
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2}-.0010622{col 29}{space 2} .0027227{col 40}{space 1}   -0.39{col 49}{space 3}0.697{col 57}{space 4}-.0064603{col 70}{space 3} .0043358
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0624848{col 29}{space 2}  .115155{col 40}{space 1}   -0.54{col 49}{space 3}0.589{col 57}{space 4}-.2907908{col 70}{space 3} .1658212
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}  .003885{col 29}{space 2}  .002856{col 40}{space 1}    1.36{col 49}{space 3}0.177{col 57}{space 4}-.0017772{col 70}{space 3} .0095472
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}-.1396086{col 29}{space 2} .0763838{col 40}{space 1}   -1.83{col 49}{space 3}0.070{col 57}{space 4}-.2910469{col 70}{space 3} .0118297
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0036926{col 29}{space 2} .0032784{col 40}{space 1}   -1.13{col 49}{space 3}0.263{col 57}{space 4}-.0101924{col 70}{space 3} .0028071
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L4D. {c |}{col 17}{res}{space 2}-.0475751{col 29}{space 2} .1218886{col 40}{space 1}   -0.39{col 49}{space 3}0.697{col 57}{space 4}-.2892311{col 70}{space 3} .1940809
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}-.0043725{col 29}{space 2} .0047115{col 40}{space 1}   -0.93{col 49}{space 3}0.355{col 57}{space 4}-.0137135{col 70}{space 3} .0049686
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2} 3.214377{col 29}{space 2} 2.391285{col 40}{space 1}    1.34{col 49}{space 3}0.182{col 57}{space 4}-1.526577{col 70}{space 3} 7.955332
{txt}{space 12}37  {c |}{col 17}{res}{space 2} 5.563505{col 29}{space 2} 2.474864{col 40}{space 1}    2.25{col 49}{space 3}0.027{col 57}{space 4} .6568467{col 70}{space 3} 10.47016
{txt}{space 12}48  {c |}{col 17}{res}{space 2}  3.87112{col 29}{space 2} 1.684588{col 40}{space 1}    2.30{col 49}{space 3}0.024{col 57}{space 4} .5312608{col 70}{space 3}  7.21098
{txt}{space 12}51  {c |}{col 17}{res}{space 2}-1.294498{col 29}{space 2} 2.190562{col 40}{space 1}   -0.59{col 49}{space 3}0.556{col 57}{space 4}  -5.6375{col 70}{space 3} 3.048505
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-9.831243{col 29}{space 2} 5.721935{col 40}{space 1}   -1.72{col 49}{space 3}0.089{col 57}{space 4}-21.17554{col 70}{space 3} 1.513049
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-16.84209{col 29}{space 2} 6.390316{col 40}{space 1}   -2.64{col 49}{space 3}0.010{col 57}{space 4}-29.51152{col 70}{space 3} -4.17267
{txt}{space 10}1984  {c |}{col 17}{res}{space 2}-12.31557{col 29}{space 2} 4.511993{col 40}{space 1}   -2.73{col 49}{space 3}0.007{col 57}{space 4}-21.26103{col 70}{space 3}-3.370101
{txt}{space 10}1985  {c |}{col 17}{res}{space 2}-5.263532{col 29}{space 2} 6.586393{col 40}{space 1}   -0.80{col 49}{space 3}0.426{col 57}{space 4} -18.3217{col 70}{space 3} 7.794633
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}-11.82434{col 29}{space 2} 4.966753{col 40}{space 1}   -2.38{col 49}{space 3}0.019{col 57}{space 4}-21.67141{col 70}{space 3}-1.977265
{txt}{space 10}1987  {c |}{col 17}{res}{space 2}-9.352118{col 29}{space 2} 4.739569{col 40}{space 1}   -1.97{col 49}{space 3}0.051{col 57}{space 4}-18.74877{col 70}{space 3} .0445379
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}-11.34508{col 29}{space 2} 4.991897{col 40}{space 1}   -2.27{col 49}{space 3}0.025{col 57}{space 4}-21.24201{col 70}{space 3}-1.448162
{txt}{space 10}1989  {c |}{col 17}{res}{space 2}-7.952242{col 29}{space 2}  5.88434{col 40}{space 1}   -1.35{col 49}{space 3}0.179{col 57}{space 4}-19.61852{col 70}{space 3} 3.714035
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-14.05062{col 29}{space 2} 6.256346{col 40}{space 1}   -2.25{col 49}{space 3}0.027{col 57}{space 4}-26.45443{col 70}{space 3}-1.646804
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-14.20491{col 29}{space 2} 5.012833{col 40}{space 1}   -2.83{col 49}{space 3}0.006{col 57}{space 4}-24.14334{col 70}{space 3}-4.266481
{txt}{space 10}1992  {c |}{col 17}{res}{space 2}-7.876415{col 29}{space 2} 6.410103{col 40}{space 1}   -1.23{col 49}{space 3}0.222{col 57}{space 4}-20.58507{col 70}{space 3} 4.832239
{txt}{space 10}1993  {c |}{col 17}{res}{space 2}-10.88913{col 29}{space 2} 7.140863{col 40}{space 1}   -1.52{col 49}{space 3}0.130{col 57}{space 4}-25.04659{col 70}{space 3} 3.268325
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}-13.03439{col 29}{space 2} 7.338488{col 40}{space 1}   -1.78{col 49}{space 3}0.079{col 57}{space 4}-27.58366{col 70}{space 3} 1.514876
{txt}{space 10}1995  {c |}{col 17}{res}{space 2}  -.09436{col 29}{space 2} 9.348285{col 40}{space 1}   -0.01{col 49}{space 3}0.992{col 57}{space 4}-18.62824{col 70}{space 3} 18.43952
{txt}{space 10}1996  {c |}{col 17}{res}{space 2}-11.16482{col 29}{space 2} 7.708404{col 40}{space 1}   -1.45{col 49}{space 3}0.150{col 57}{space 4}-26.44749{col 70}{space 3} 4.117836
{txt}{space 10}1997  {c |}{col 17}{res}{space 2}-11.09866{col 29}{space 2} 8.259987{col 40}{space 1}   -1.34{col 49}{space 3}0.182{col 57}{space 4}-27.47489{col 70}{space 3} 5.277565
{txt}{space 10}1998  {c |}{col 17}{res}{space 2}-12.92052{col 29}{space 2} 8.571585{col 40}{space 1}   -1.51{col 49}{space 3}0.135{col 57}{space 4}-29.91452{col 70}{space 3} 4.073479
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} -22.9325{col 29}{space 2} 9.749833{col 40}{space 1}   -2.35{col 49}{space 3}0.021{col 57}{space 4}-42.26249{col 70}{space 3}-3.602504
{txt}{space 10}2000  {c |}{col 17}{res}{space 2}-16.96777{col 29}{space 2} 8.929038{col 40}{space 1}   -1.90{col 49}{space 3}0.060{col 57}{space 4}-34.67045{col 70}{space 3} .7349209
{txt}{space 10}2001  {c |}{col 17}{res}{space 2}-20.67013{col 29}{space 2} 8.828198{col 40}{space 1}   -2.34{col 49}{space 3}0.021{col 57}{space 4}-38.17289{col 70}{space 3}-3.167367
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}-22.35268{col 29}{space 2} 8.804453{col 40}{space 1}   -2.54{col 49}{space 3}0.013{col 57}{space 4}-39.80836{col 70}{space 3} -4.89699
{txt}{space 10}2003  {c |}{col 17}{res}{space 2}-20.04388{col 29}{space 2}   9.7862{col 40}{space 1}   -2.05{col 49}{space 3}0.043{col 57}{space 4}-39.44598{col 70}{space 3}-.6417905
{txt}{space 10}2004  {c |}{col 17}{res}{space 2}-22.61816{col 29}{space 2} 9.503682{col 40}{space 1}   -2.38{col 49}{space 3}0.019{col 57}{space 4}-41.46014{col 70}{space 3} -3.77619
{txt}{space 10}2005  {c |}{col 17}{res}{space 2}-28.57027{col 29}{space 2} 10.96225{col 40}{space 1}   -2.61{col 49}{space 3}0.010{col 57}{space 4}-50.30401{col 70}{space 3} -6.83654
{txt}{space 10}2006  {c |}{col 17}{res}{space 2}-24.66612{col 29}{space 2} 11.14018{col 40}{space 1}   -2.21{col 49}{space 3}0.029{col 57}{space 4}-46.75261{col 70}{space 3}-2.579643
{txt}{space 10}2007  {c |}{col 17}{res}{space 2}-25.00654{col 29}{space 2} 10.23962{col 40}{space 1}   -2.44{col 49}{space 3}0.016{col 57}{space 4}-45.30759{col 70}{space 3}-4.705499
{txt}{space 10}2008  {c |}{col 17}{res}{space 2}-22.35684{col 29}{space 2}  10.2713{col 40}{space 1}   -2.18{col 49}{space 3}0.032{col 57}{space 4}-42.72069{col 70}{space 3}-1.992995
{txt}{space 10}2009  {c |}{col 17}{res}{space 2} -22.9017{col 29}{space 2} 10.27591{col 40}{space 1}   -2.23{col 49}{space 3}0.028{col 57}{space 4}-43.27468{col 70}{space 3}-2.528714
{txt}{space 10}2010  {c |}{col 17}{res}{space 2}-24.79708{col 29}{space 2} 9.149995{col 40}{space 1}   -2.71{col 49}{space 3}0.008{col 57}{space 4}-42.93783{col 70}{space 3} -6.65632
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-18.70593{col 29}{space 2}  15.2022{col 40}{space 1}   -1.23{col 49}{space 3}0.221{col 57}{space 4}-48.84577{col 70}{space 3} 11.43391
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. predict allstates8110pc
{txt}(option xb assumed; fitted values)
(245 missing values generated)

{com}. 
. //ols version
. 
. reg d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann  l4.d.klarnerranney l3.d.real_pc_inc_ann  i.state_fips i.year if year >1980 &  newsouth==1

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       150
{txt}{hline 13}{c +}{hline 34}   F(43, 106)      = {res}     2.29
{txt}       Model {c |} {res} 3963.30581        43  92.1699026   {txt}Prob > F        ={res}    0.0003
{txt}    Residual {c |} {res} 4261.74326       106  40.2051251   {txt}R-squared       ={res}    0.4819
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.2717
{txt}       Total {c |} {res} 8225.04907       149  55.2016716   {txt}Root MSE        =   {res} 6.3408

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1472545{col 29}{space 2} .0688963{col 40}{space 1}   -2.14{col 49}{space 3}0.035{col 57}{space 4} -.283848{col 70}{space 3}-.0106609
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0030138{col 29}{space 2} .0014832{col 40}{space 1}    2.03{col 49}{space 3}0.045{col 57}{space 4} .0000733{col 70}{space 3} .0059544
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-.0573655{col 29}{space 2}  .104817{col 40}{space 1}   -0.55{col 49}{space 3}0.585{col 57}{space 4}-.2651753{col 70}{space 3} .1504444
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2}-.0010622{col 29}{space 2}   .00371{col 40}{space 1}   -0.29{col 49}{space 3}0.775{col 57}{space 4}-.0084176{col 70}{space 3} .0062931
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0624848{col 29}{space 2} .1006297{col 40}{space 1}   -0.62{col 49}{space 3}0.536{col 57}{space 4} -.261993{col 70}{space 3} .1370233
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}  .003885{col 29}{space 2} .0035449{col 40}{space 1}    1.10{col 49}{space 3}0.276{col 57}{space 4}-.0031431{col 70}{space 3} .0109131
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}-.1396086{col 29}{space 2} .0984936{col 40}{space 1}   -1.42{col 49}{space 3}0.159{col 57}{space 4}-.3348817{col 70}{space 3} .0556646
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0036926{col 29}{space 2}  .004027{col 40}{space 1}   -0.92{col 49}{space 3}0.361{col 57}{space 4}-.0116765{col 70}{space 3} .0042912
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L4D. {c |}{col 17}{res}{space 2}-.0475751{col 29}{space 2} .0971334{col 40}{space 1}   -0.49{col 49}{space 3}0.625{col 57}{space 4}-.2401515{col 70}{space 3} .1450013
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}-.0043725{col 29}{space 2} .0044266{col 40}{space 1}   -0.99{col 49}{space 3}0.326{col 57}{space 4}-.0131486{col 70}{space 3} .0044037
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2} 3.214377{col 29}{space 2} 2.801758{col 40}{space 1}    1.15{col 49}{space 3}0.254{col 57}{space 4} -2.34038{col 70}{space 3} 8.769135
{txt}{space 12}37  {c |}{col 17}{res}{space 2} 5.563505{col 29}{space 2}  2.92627{col 40}{space 1}    1.90{col 49}{space 3}0.060{col 57}{space 4} -.238111{col 70}{space 3} 11.36512
{txt}{space 12}48  {c |}{col 17}{res}{space 2}  3.87112{col 29}{space 2} 2.146318{col 40}{space 1}    1.80{col 49}{space 3}0.074{col 57}{space 4}-.3841648{col 70}{space 3} 8.126406
{txt}{space 12}51  {c |}{col 17}{res}{space 2}-1.294498{col 29}{space 2} 2.333824{col 40}{space 1}   -0.55{col 49}{space 3}0.580{col 57}{space 4}-5.921531{col 70}{space 3} 3.332535
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-9.831243{col 29}{space 2} 4.923561{col 40}{space 1}   -2.00{col 49}{space 3}0.048{col 57}{space 4}-19.59268{col 70}{space 3}-.0698045
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-16.84209{col 29}{space 2} 5.367544{col 40}{space 1}   -3.14{col 49}{space 3}0.002{col 57}{space 4}-27.48377{col 70}{space 3}-6.200416
{txt}{space 10}1984  {c |}{col 17}{res}{space 2}-12.31557{col 29}{space 2} 5.393904{col 40}{space 1}   -2.28{col 49}{space 3}0.024{col 57}{space 4} -23.0095{col 70}{space 3}-1.621627
{txt}{space 10}1985  {c |}{col 17}{res}{space 2}-5.263532{col 29}{space 2} 6.339565{col 40}{space 1}   -0.83{col 49}{space 3}0.408{col 57}{space 4}-17.83234{col 70}{space 3} 7.305271
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}-11.82434{col 29}{space 2} 5.681035{col 40}{space 1}   -2.08{col 49}{space 3}0.040{col 57}{space 4}-23.08754{col 70}{space 3}-.5611319
{txt}{space 10}1987  {c |}{col 17}{res}{space 2}-9.352118{col 29}{space 2} 5.344059{col 40}{space 1}   -1.75{col 49}{space 3}0.083{col 57}{space 4}-19.94724{col 70}{space 3} 1.242999
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}-11.34508{col 29}{space 2} 5.696369{col 40}{space 1}   -1.99{col 49}{space 3}0.049{col 57}{space 4}-22.63869{col 70}{space 3}-.0514789
{txt}{space 10}1989  {c |}{col 17}{res}{space 2}-7.952242{col 29}{space 2} 6.123873{col 40}{space 1}   -1.30{col 49}{space 3}0.197{col 57}{space 4}-20.09342{col 70}{space 3} 4.188933
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-14.05062{col 29}{space 2} 6.603604{col 40}{space 1}   -2.13{col 49}{space 3}0.036{col 57}{space 4}-27.14291{col 70}{space 3}-.9583313
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-14.20491{col 29}{space 2} 6.072106{col 40}{space 1}   -2.34{col 49}{space 3}0.021{col 57}{space 4}-26.24345{col 70}{space 3}-2.166369
{txt}{space 10}1992  {c |}{col 17}{res}{space 2}-7.876415{col 29}{space 2} 6.355704{col 40}{space 1}   -1.24{col 49}{space 3}0.218{col 57}{space 4}-20.47722{col 70}{space 3} 4.724386
{txt}{space 10}1993  {c |}{col 17}{res}{space 2}-10.88913{col 29}{space 2} 7.409693{col 40}{space 1}   -1.47{col 49}{space 3}0.145{col 57}{space 4}-25.57957{col 70}{space 3} 3.801308
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}-13.03439{col 29}{space 2} 7.783598{col 40}{space 1}   -1.67{col 49}{space 3}0.097{col 57}{space 4}-28.46613{col 70}{space 3} 2.397349
{txt}{space 10}1995  {c |}{col 17}{res}{space 2}  -.09436{col 29}{space 2} 7.161399{col 40}{space 1}   -0.01{col 49}{space 3}0.990{col 57}{space 4}-14.29253{col 70}{space 3} 14.10381
{txt}{space 10}1996  {c |}{col 17}{res}{space 2}-11.16482{col 29}{space 2}  7.94858{col 40}{space 1}   -1.40{col 49}{space 3}0.163{col 57}{space 4}-26.92366{col 70}{space 3} 4.594008
{txt}{space 10}1997  {c |}{col 17}{res}{space 2}-11.09866{col 29}{space 2} 8.330192{col 40}{space 1}   -1.33{col 49}{space 3}0.186{col 57}{space 4}-27.61408{col 70}{space 3} 5.416753
{txt}{space 10}1998  {c |}{col 17}{res}{space 2}-12.92052{col 29}{space 2} 9.305657{col 40}{space 1}   -1.39{col 49}{space 3}0.168{col 57}{space 4}-31.36989{col 70}{space 3} 5.528848
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} -22.9325{col 29}{space 2} 9.865299{col 40}{space 1}   -2.32{col 49}{space 3}0.022{col 57}{space 4}-42.49141{col 70}{space 3}-3.373583
{txt}{space 10}2000  {c |}{col 17}{res}{space 2}-16.96777{col 29}{space 2} 10.31793{col 40}{space 1}   -1.64{col 49}{space 3}0.103{col 57}{space 4}-37.42406{col 70}{space 3} 3.488532
{txt}{space 10}2001  {c |}{col 17}{res}{space 2}-20.67013{col 29}{space 2} 10.23537{col 40}{space 1}   -2.02{col 49}{space 3}0.046{col 57}{space 4}-40.96275{col 70}{space 3}-.3775079
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}-22.35268{col 29}{space 2}  10.4738{col 40}{space 1}   -2.13{col 49}{space 3}0.035{col 57}{space 4}-43.11801{col 70}{space 3}-1.587345
{txt}{space 10}2003  {c |}{col 17}{res}{space 2}-20.04388{col 29}{space 2} 10.16573{col 40}{space 1}   -1.97{col 49}{space 3}0.051{col 57}{space 4}-40.19843{col 70}{space 3}  .110662
{txt}{space 10}2004  {c |}{col 17}{res}{space 2}-22.61816{col 29}{space 2} 11.26424{col 40}{space 1}   -2.01{col 49}{space 3}0.047{col 57}{space 4}-44.95062{col 70}{space 3}-.2857078
{txt}{space 10}2005  {c |}{col 17}{res}{space 2}-28.57027{col 29}{space 2} 11.99488{col 40}{space 1}   -2.38{col 49}{space 3}0.019{col 57}{space 4} -52.3513{col 70}{space 3} -4.78925
{txt}{space 10}2006  {c |}{col 17}{res}{space 2}-24.66612{col 29}{space 2}  12.0426{col 40}{space 1}   -2.05{col 49}{space 3}0.043{col 57}{space 4}-48.54174{col 70}{space 3}-.7905065
{txt}{space 10}2007  {c |}{col 17}{res}{space 2}-25.00654{col 29}{space 2} 11.70841{col 40}{space 1}   -2.14{col 49}{space 3}0.035{col 57}{space 4}-48.21961{col 70}{space 3}-1.793478
{txt}{space 10}2008  {c |}{col 17}{res}{space 2}-22.35684{col 29}{space 2} 11.76721{col 40}{space 1}   -1.90{col 49}{space 3}0.060{col 57}{space 4}-45.68647{col 70}{space 3} .9727924
{txt}{space 10}2009  {c |}{col 17}{res}{space 2} -22.9017{col 29}{space 2} 11.43794{col 40}{space 1}   -2.00{col 49}{space 3}0.048{col 57}{space 4}-45.57852{col 70}{space 3} -.224879
{txt}{space 10}2010  {c |}{col 17}{res}{space 2}-24.79708{col 29}{space 2} 11.43544{col 40}{space 1}   -2.17{col 49}{space 3}0.032{col 57}{space 4}-47.46895{col 70}{space 3}-2.125196
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-18.70593{col 29}{space 2}  17.9543{col 40}{space 1}   -1.04{col 49}{space 3}0.300{col 57}{space 4}-54.30207{col 70}{space 3}  16.8902
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. 
. predict allstates8110pcols
{txt}(option {bf:xb} assumed; fitted values)
(245 missing values generated)

{com}. 
. 
. //Reduce (4,3) to (5,4)
. 
. 
. newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney i.state_fips i.year if allstates8110inc!=. & year >1980 &  newsouth==1, lag(5) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       150
{txt}maximum lag: {res}5{col 49}{txt}F( 41,       108){col 67}= {res}    130.34
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}{col 29}  Newey-West
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1198952{col 29}{space 2} .0472891{col 40}{space 1}   -2.54{col 49}{space 3}0.013{col 57}{space 4}-.2136303{col 70}{space 3}  -.02616
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-2.813749{col 29}{space 2} 1.632103{col 40}{space 1}   -1.72{col 49}{space 3}0.088{col 57}{space 4}-6.048861{col 70}{space 3} .4213625
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .1407994{col 29}{space 2} .1144572{col 40}{space 1}    1.23{col 49}{space 3}0.221{col 57}{space 4}-.0860746{col 70}{space 3} .3676734
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}D1. {c |}{col 17}{res}{space 2}-.7145493{col 29}{space 2}  1.73177{col 40}{space 1}   -0.41{col 49}{space 3}0.681{col 57}{space 4}-4.147217{col 70}{space 3} 2.718119
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .3161076{col 29}{space 2} .0797621{col 40}{space 1}    3.96{col 49}{space 3}0.000{col 57}{space 4} .1580052{col 70}{space 3}   .47421
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} 1.879937{col 29}{space 2} 1.936089{col 40}{space 1}    0.97{col 49}{space 3}0.334{col 57}{space 4}-1.957728{col 70}{space 3} 5.717601
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0676818{col 29}{space 2} .1591663{col 40}{space 1}    0.43{col 49}{space 3}0.672{col 57}{space 4}-.2478135{col 70}{space 3}  .383177
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} 1.022755{col 29}{space 2} 2.271158{col 40}{space 1}    0.45{col 49}{space 3}0.653{col 57}{space 4}-3.479074{col 70}{space 3} 5.524584
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2}-169.0089{col 29}{space 2} 75.22533{col 40}{space 1}   -2.25{col 49}{space 3}0.027{col 57}{space 4}-318.1186{col 70}{space 3}-19.89924
{txt}{space 12}37  {c |}{col 17}{res}{space 2}-173.9196{col 29}{space 2}  83.1746{col 40}{space 1}   -2.09{col 49}{space 3}0.039{col 57}{space 4}-338.7861{col 70}{space 3}-9.053064
{txt}{space 12}48  {c |}{col 17}{res}{space 2}-106.6701{col 29}{space 2}  66.5483{col 40}{space 1}   -1.60{col 49}{space 3}0.112{col 57}{space 4}-238.5804{col 70}{space 3} 25.24019
{txt}{space 12}51  {c |}{col 17}{res}{space 2} 193.6821{col 29}{space 2} 60.83656{col 40}{space 1}    3.18{col 49}{space 3}0.002{col 57}{space 4} 73.09345{col 70}{space 3} 314.2707
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-109.0745{col 29}{space 2} 140.4851{col 40}{space 1}   -0.78{col 49}{space 3}0.439{col 57}{space 4}-387.5404{col 70}{space 3} 169.3914
{txt}{space 10}1983  {c |}{col 17}{res}{space 2} 209.2668{col 29}{space 2} 183.0677{col 40}{space 1}    1.14{col 49}{space 3}0.256{col 57}{space 4}-153.6051{col 70}{space 3} 572.1387
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 487.8318{col 29}{space 2} 146.7485{col 40}{space 1}    3.32{col 49}{space 3}0.001{col 57}{space 4} 196.9508{col 70}{space 3} 778.7129
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 146.7531{col 29}{space 2} 192.3619{col 40}{space 1}    0.76{col 49}{space 3}0.447{col 57}{space 4}-234.5416{col 70}{space 3} 528.0478
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} 119.5008{col 29}{space 2} 166.9969{col 40}{space 1}    0.72{col 49}{space 3}0.476{col 57}{space 4} -211.516{col 70}{space 3} 450.5175
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 48.22125{col 29}{space 2}  150.428{col 40}{space 1}    0.32{col 49}{space 3}0.749{col 57}{space 4} -249.953{col 70}{space 3} 346.3955
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} 316.7065{col 29}{space 2} 162.7373{col 40}{space 1}    1.95{col 49}{space 3}0.054{col 57}{space 4}-5.867085{col 70}{space 3} 639.2801
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 304.2931{col 29}{space 2} 201.7961{col 40}{space 1}    1.51{col 49}{space 3}0.134{col 57}{space 4}-95.70186{col 70}{space 3} 704.2881
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-40.96833{col 29}{space 2} 232.4909{col 40}{space 1}   -0.18{col 49}{space 3}0.860{col 57}{space 4}-501.8057{col 70}{space 3}  419.869
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-85.87674{col 29}{space 2} 178.1964{col 40}{space 1}   -0.48{col 49}{space 3}0.631{col 57}{space 4}-439.0929{col 70}{space 3} 267.3394
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 514.3087{col 29}{space 2} 184.0365{col 40}{space 1}    2.79{col 49}{space 3}0.006{col 57}{space 4} 149.5165{col 70}{space 3} 879.1009
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 369.3114{col 29}{space 2} 242.5242{col 40}{space 1}    1.52{col 49}{space 3}0.131{col 57}{space 4}-111.4137{col 70}{space 3} 850.0365
{txt}{space 10}1994  {c |}{col 17}{res}{space 2} 399.6348{col 29}{space 2} 253.8332{col 40}{space 1}    1.57{col 49}{space 3}0.118{col 57}{space 4}-103.5065{col 70}{space 3} 902.7762
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 467.2754{col 29}{space 2} 217.1481{col 40}{space 1}    2.15{col 49}{space 3}0.034{col 57}{space 4} 36.85021{col 70}{space 3} 897.7006
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 529.8775{col 29}{space 2} 242.7298{col 40}{space 1}    2.18{col 49}{space 3}0.031{col 57}{space 4} 48.74498{col 70}{space 3}  1011.01
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 658.0344{col 29}{space 2} 262.5543{col 40}{space 1}    2.51{col 49}{space 3}0.014{col 57}{space 4} 137.6062{col 70}{space 3} 1178.463
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 958.5708{col 29}{space 2}  265.236{col 40}{space 1}    3.61{col 49}{space 3}0.000{col 57}{space 4} 432.8271{col 70}{space 3} 1484.314
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 606.2358{col 29}{space 2} 298.0201{col 40}{space 1}    2.03{col 49}{space 3}0.044{col 57}{space 4} 15.50827{col 70}{space 3} 1196.963
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 829.8974{col 29}{space 2} 290.0634{col 40}{space 1}    2.86{col 49}{space 3}0.005{col 57}{space 4} 254.9414{col 70}{space 3} 1404.853
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 433.3077{col 29}{space 2} 295.2975{col 40}{space 1}    1.47{col 49}{space 3}0.145{col 57}{space 4}-152.0231{col 70}{space 3} 1018.638
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} 301.7309{col 29}{space 2}  311.683{col 40}{space 1}    0.97{col 49}{space 3}0.335{col 57}{space 4}-316.0788{col 70}{space 3} 919.5407
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 623.4256{col 29}{space 2} 276.8057{col 40}{space 1}    2.25{col 49}{space 3}0.026{col 57}{space 4} 74.74861{col 70}{space 3} 1172.103
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 1073.036{col 29}{space 2} 337.4636{col 40}{space 1}    3.18{col 49}{space 3}0.002{col 57}{space 4} 404.1243{col 70}{space 3} 1741.947
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 973.8832{col 29}{space 2} 393.0706{col 40}{space 1}    2.48{col 49}{space 3}0.015{col 57}{space 4} 194.7492{col 70}{space 3} 1753.017
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 917.0517{col 29}{space 2} 367.1945{col 40}{space 1}    2.50{col 49}{space 3}0.014{col 57}{space 4} 189.2085{col 70}{space 3} 1644.895
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 794.4283{col 29}{space 2} 358.6951{col 40}{space 1}    2.21{col 49}{space 3}0.029{col 57}{space 4} 83.43235{col 70}{space 3} 1505.424
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 480.5292{col 29}{space 2} 458.1192{col 40}{space 1}    1.05{col 49}{space 3}0.297{col 57}{space 4}-427.5425{col 70}{space 3} 1388.601
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-251.8138{col 29}{space 2}  317.071{col 40}{space 1}   -0.79{col 49}{space 3}0.429{col 57}{space 4}-880.3035{col 70}{space 3} 376.6759
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} 952.6187{col 29}{space 2} 320.7638{col 40}{space 1}    2.97{col 49}{space 3}0.004{col 57}{space 4} 316.8092{col 70}{space 3} 1588.428
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 1694.112{col 29}{space 2} 522.4138{col 40}{space 1}    3.24{col 49}{space 3}0.002{col 57}{space 4} 658.5971{col 70}{space 3} 2729.627
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. reg d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney i.state_fips i.year if allstates8110incols!=. & year >1980 &  newsouth==1

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       150
{txt}{hline 13}{c +}{hline 34}   F(41, 108)      = {res}    12.97
{txt}       Model {c |} {res}   14402866        41  351289.416   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 2925518.75       108  27088.1365   {txt}R-squared       ={res}    0.8312
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.7671
{txt}       Total {c |} {res} 17328384.8       149  116297.885   {txt}Root MSE        =   {res} 164.58

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1198952{col 29}{space 2} .0368032{col 40}{space 1}   -3.26{col 49}{space 3}0.002{col 57}{space 4}-.1928455{col 70}{space 3}-.0469449
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-2.813749{col 29}{space 2} 1.699119{col 40}{space 1}   -1.66{col 49}{space 3}0.101{col 57}{space 4}-6.181698{col 70}{space 3} .5541992
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .1407994{col 29}{space 2} .0913773{col 40}{space 1}    1.54{col 49}{space 3}0.126{col 57}{space 4}-.0403263{col 70}{space 3} .3219251
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}D1. {c |}{col 17}{res}{space 2}-.7145493{col 29}{space 2} 2.496208{col 40}{space 1}   -0.29{col 49}{space 3}0.775{col 57}{space 4}-5.662466{col 70}{space 3} 4.233367
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .3161076{col 29}{space 2}  .100378{col 40}{space 1}    3.15{col 49}{space 3}0.002{col 57}{space 4}  .117141{col 70}{space 3} .5150743
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} 1.879937{col 29}{space 2} 2.556423{col 40}{space 1}    0.74{col 49}{space 3}0.464{col 57}{space 4}-3.187338{col 70}{space 3} 6.947211
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0676818{col 29}{space 2} .1151967{col 40}{space 1}    0.59{col 49}{space 3}0.558{col 57}{space 4}-.1606581{col 70}{space 3} .2960216
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} 1.022755{col 29}{space 2} 2.494267{col 40}{space 1}    0.41{col 49}{space 3}0.683{col 57}{space 4}-3.921314{col 70}{space 3} 5.966825
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2}-169.0089{col 29}{space 2} 66.11863{col 40}{space 1}   -2.56{col 49}{space 3}0.012{col 57}{space 4}-300.0675{col 70}{space 3} -37.9503
{txt}{space 12}37  {c |}{col 17}{res}{space 2}-173.9196{col 29}{space 2} 70.85809{col 40}{space 1}   -2.45{col 49}{space 3}0.016{col 57}{space 4}-314.3726{col 70}{space 3}-33.46654
{txt}{space 12}48  {c |}{col 17}{res}{space 2}-106.6701{col 29}{space 2} 53.43925{col 40}{space 1}   -2.00{col 49}{space 3}0.048{col 57}{space 4}-212.5959{col 70}{space 3}-.7442162
{txt}{space 12}51  {c |}{col 17}{res}{space 2} 193.6821{col 29}{space 2} 57.60874{col 40}{space 1}    3.36{col 49}{space 3}0.001{col 57}{space 4} 79.49155{col 70}{space 3} 307.8726
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-109.0745{col 29}{space 2} 129.3751{col 40}{space 1}   -0.84{col 49}{space 3}0.401{col 57}{space 4}-365.5183{col 70}{space 3} 147.3693
{txt}{space 10}1983  {c |}{col 17}{res}{space 2} 209.2668{col 29}{space 2} 143.7687{col 40}{space 1}    1.46{col 49}{space 3}0.148{col 57}{space 4} -75.7078{col 70}{space 3} 494.2414
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 487.8318{col 29}{space 2} 135.0929{col 40}{space 1}    3.61{col 49}{space 3}0.000{col 57}{space 4} 220.0542{col 70}{space 3} 755.6095
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 146.7531{col 29}{space 2} 163.2462{col 40}{space 1}    0.90{col 49}{space 3}0.371{col 57}{space 4}-176.8291{col 70}{space 3} 470.3354
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} 119.5008{col 29}{space 2} 145.6589{col 40}{space 1}    0.82{col 49}{space 3}0.414{col 57}{space 4}-169.2205{col 70}{space 3} 408.2221
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 48.22125{col 29}{space 2} 136.7113{col 40}{space 1}    0.35{col 49}{space 3}0.725{col 57}{space 4}-222.7642{col 70}{space 3} 319.2067
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} 316.7065{col 29}{space 2} 147.2422{col 40}{space 1}    2.15{col 49}{space 3}0.034{col 57}{space 4} 24.84691{col 70}{space 3} 608.5661
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 304.2931{col 29}{space 2}  154.996{col 40}{space 1}    1.96{col 49}{space 3}0.052{col 57}{space 4}-2.935749{col 70}{space 3}  611.522
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-40.96833{col 29}{space 2}  172.912{col 40}{space 1}   -0.24{col 49}{space 3}0.813{col 57}{space 4}-383.7099{col 70}{space 3} 301.7733
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-85.87674{col 29}{space 2} 157.9272{col 40}{space 1}   -0.54{col 49}{space 3}0.588{col 57}{space 4}-398.9159{col 70}{space 3} 227.1624
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 514.3087{col 29}{space 2} 156.9938{col 40}{space 1}    3.28{col 49}{space 3}0.001{col 57}{space 4} 203.1199{col 70}{space 3} 825.4976
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 369.3114{col 29}{space 2} 188.6504{col 40}{space 1}    1.96{col 49}{space 3}0.053{col 57}{space 4}-4.626432{col 70}{space 3} 743.2493
{txt}{space 10}1994  {c |}{col 17}{res}{space 2} 399.6348{col 29}{space 2} 196.8993{col 40}{space 1}    2.03{col 49}{space 3}0.045{col 57}{space 4} 9.346276{col 70}{space 3} 789.9234
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 467.2754{col 29}{space 2} 177.5995{col 40}{space 1}    2.63{col 49}{space 3}0.010{col 57}{space 4} 115.2423{col 70}{space 3} 819.3085
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 529.8775{col 29}{space 2} 200.1252{col 40}{space 1}    2.65{col 49}{space 3}0.009{col 57}{space 4} 133.1946{col 70}{space 3} 926.5604
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 658.0344{col 29}{space 2} 204.3333{col 40}{space 1}    3.22{col 49}{space 3}0.002{col 57}{space 4} 253.0103{col 70}{space 3} 1063.059
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 958.5708{col 29}{space 2} 223.2389{col 40}{space 1}    4.29{col 49}{space 3}0.000{col 57}{space 4} 516.0726{col 70}{space 3} 1401.069
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 606.2358{col 29}{space 2} 248.8782{col 40}{space 1}    2.44{col 49}{space 3}0.016{col 57}{space 4} 112.9161{col 70}{space 3} 1099.556
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 829.8974{col 29}{space 2} 248.2832{col 40}{space 1}    3.34{col 49}{space 3}0.001{col 57}{space 4} 337.7571{col 70}{space 3} 1322.038
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 433.3077{col 29}{space 2} 255.1061{col 40}{space 1}    1.70{col 49}{space 3}0.092{col 57}{space 4}-72.35682{col 70}{space 3} 938.9722
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} 301.7309{col 29}{space 2} 259.2549{col 40}{space 1}    1.16{col 49}{space 3}0.247{col 57}{space 4}-212.1573{col 70}{space 3} 815.6192
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 623.4256{col 29}{space 2} 245.8206{col 40}{space 1}    2.54{col 49}{space 3}0.013{col 57}{space 4} 136.1665{col 70}{space 3} 1110.685
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 1073.036{col 29}{space 2} 268.3799{col 40}{space 1}    4.00{col 49}{space 3}0.000{col 57}{space 4} 541.0601{col 70}{space 3} 1605.011
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 973.8832{col 29}{space 2} 293.8757{col 40}{space 1}    3.31{col 49}{space 3}0.001{col 57}{space 4} 391.3706{col 70}{space 3} 1556.396
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 917.0517{col 29}{space 2} 294.1012{col 40}{space 1}    3.12{col 49}{space 3}0.002{col 57}{space 4} 334.0922{col 70}{space 3} 1500.011
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 794.4283{col 29}{space 2} 288.5224{col 40}{space 1}    2.75{col 49}{space 3}0.007{col 57}{space 4} 222.5269{col 70}{space 3}  1366.33
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 480.5292{col 29}{space 2} 293.3636{col 40}{space 1}    1.64{col 49}{space 3}0.104{col 57}{space 4}-100.9682{col 70}{space 3} 1062.027
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-251.8138{col 29}{space 2} 287.6265{col 40}{space 1}   -0.88{col 49}{space 3}0.383{col 57}{space 4}-821.9394{col 70}{space 3} 318.3118
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} 952.6187{col 29}{space 2} 277.2179{col 40}{space 1}    3.44{col 49}{space 3}0.001{col 57}{space 4} 403.1246{col 70}{space 3} 1502.113
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 1694.112{col 29}{space 2} 425.0328{col 40}{space 1}    3.99{col 49}{space 3}0.000{col 57}{space 4}  851.623{col 70}{space 3} 2536.601
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. 
. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       150{col 27}-1087.132{col 38}-953.7168{col 49}    42{col 58} 1991.434{col 69}  2117.88
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. newey d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann i.state_fips i.year if allstates8110pc!=. & year >1980 &  newsouth==1, lag(5) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       150
{txt}maximum lag: {res}5{col 49}{txt}F( 41,       108){col 67}= {res}      5.80
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}  Newey-West
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1483981{col 29}{space 2} .0569978{col 40}{space 1}   -2.60{col 49}{space 3}0.011{col 57}{space 4}-.2613776{col 70}{space 3}-.0354186
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0024561{col 29}{space 2} .0010778{col 40}{space 1}    2.28{col 49}{space 3}0.025{col 57}{space 4} .0003197{col 70}{space 3} .0045926
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-.0452879{col 29}{space 2} .0785156{col 40}{space 1}   -0.58{col 49}{space 3}0.565{col 57}{space 4}-.2009195{col 70}{space 3} .1103437
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} -.001198{col 29}{space 2} .0025894{col 40}{space 1}   -0.46{col 49}{space 3}0.645{col 57}{space 4}-.0063306{col 70}{space 3} .0039345
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0597555{col 29}{space 2} .1126763{col 40}{space 1}   -0.53{col 49}{space 3}0.597{col 57}{space 4}-.2830995{col 70}{space 3} .1635885
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0034959{col 29}{space 2} .0027791{col 40}{space 1}    1.26{col 49}{space 3}0.211{col 57}{space 4}-.0020127{col 70}{space 3} .0090045
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} -.132937{col 29}{space 2} .0822149{col 40}{space 1}   -1.62{col 49}{space 3}0.109{col 57}{space 4}-.2959013{col 70}{space 3} .0300273
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0045565{col 29}{space 2} .0031754{col 40}{space 1}   -1.43{col 49}{space 3}0.154{col 57}{space 4}-.0108508{col 70}{space 3} .0017377
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2} 2.498831{col 29}{space 2} 2.544665{col 40}{space 1}    0.98{col 49}{space 3}0.328{col 57}{space 4}-2.545137{col 70}{space 3} 7.542799
{txt}{space 12}37  {c |}{col 17}{res}{space 2} 4.668028{col 29}{space 2} 2.468541{col 40}{space 1}    1.89{col 49}{space 3}0.061{col 57}{space 4}-.2250473{col 70}{space 3} 9.561104
{txt}{space 12}48  {c |}{col 17}{res}{space 2} 3.402426{col 29}{space 2} 1.760924{col 40}{space 1}    1.93{col 49}{space 3}0.056{col 57}{space 4}-.0880302{col 70}{space 3} 6.892882
{txt}{space 12}51  {c |}{col 17}{res}{space 2}-.8658055{col 29}{space 2} 1.947055{col 40}{space 1}   -0.44{col 49}{space 3}0.657{col 57}{space 4}-4.725207{col 70}{space 3} 2.993596
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-7.815864{col 29}{space 2} 4.938678{col 40}{space 1}   -1.58{col 49}{space 3}0.116{col 57}{space 4}-17.60518{col 70}{space 3} 1.973453
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-13.89063{col 29}{space 2} 5.463932{col 40}{space 1}   -2.54{col 49}{space 3}0.012{col 57}{space 4}-24.72109{col 70}{space 3} -3.06017
{txt}{space 10}1984  {c |}{col 17}{res}{space 2}-10.59527{col 29}{space 2}  3.93936{col 40}{space 1}   -2.69{col 49}{space 3}0.008{col 57}{space 4}-18.40377{col 70}{space 3}-2.786776
{txt}{space 10}1985  {c |}{col 17}{res}{space 2}-2.329911{col 29}{space 2} 5.257766{col 40}{space 1}   -0.44{col 49}{space 3}0.659{col 57}{space 4}-12.75172{col 70}{space 3} 8.091893
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}-10.01957{col 29}{space 2} 4.567471{col 40}{space 1}   -2.19{col 49}{space 3}0.030{col 57}{space 4}-19.07309{col 70}{space 3}-.9660537
{txt}{space 10}1987  {c |}{col 17}{res}{space 2}-8.200719{col 29}{space 2} 5.281803{col 40}{space 1}   -1.55{col 49}{space 3}0.123{col 57}{space 4}-18.67017{col 70}{space 3} 2.268731
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}-9.357067{col 29}{space 2} 4.404909{col 40}{space 1}   -2.12{col 49}{space 3}0.036{col 57}{space 4}-18.08836{col 70}{space 3}-.6257741
{txt}{space 10}1989  {c |}{col 17}{res}{space 2}-6.257158{col 29}{space 2}   5.1601{col 40}{space 1}   -1.21{col 49}{space 3}0.228{col 57}{space 4}-16.48537{col 70}{space 3} 3.971055
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-10.86648{col 29}{space 2} 5.016981{col 40}{space 1}   -2.17{col 49}{space 3}0.033{col 57}{space 4}-20.81101{col 70}{space 3} -.921955
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-12.19183{col 29}{space 2} 4.540137{col 40}{space 1}   -2.69{col 49}{space 3}0.008{col 57}{space 4}-21.19117{col 70}{space 3}-3.192495
{txt}{space 10}1992  {c |}{col 17}{res}{space 2}-5.668643{col 29}{space 2} 5.990644{col 40}{space 1}   -0.95{col 49}{space 3}0.346{col 57}{space 4}-17.54314{col 70}{space 3} 6.205852
{txt}{space 10}1993  {c |}{col 17}{res}{space 2}-7.271169{col 29}{space 2} 5.737269{col 40}{space 1}   -1.27{col 49}{space 3}0.208{col 57}{space 4}-18.64343{col 70}{space 3} 4.101094
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}-8.225642{col 29}{space 2} 5.280414{col 40}{space 1}   -1.56{col 49}{space 3}0.122{col 57}{space 4}-18.69234{col 70}{space 3} 2.241054
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 2.764828{col 29}{space 2} 8.484858{col 40}{space 1}    0.33{col 49}{space 3}0.745{col 57}{space 4}-14.05363{col 70}{space 3} 19.58329
{txt}{space 10}1996  {c |}{col 17}{res}{space 2}-7.701406{col 29}{space 2} 6.254241{col 40}{space 1}   -1.23{col 49}{space 3}0.221{col 57}{space 4} -20.0984{col 70}{space 3} 4.695586
{txt}{space 10}1997  {c |}{col 17}{res}{space 2}-7.901976{col 29}{space 2} 7.177109{col 40}{space 1}   -1.10{col 49}{space 3}0.273{col 57}{space 4}-22.12825{col 70}{space 3}   6.3243
{txt}{space 10}1998  {c |}{col 17}{res}{space 2}-9.265275{col 29}{space 2} 7.445321{col 40}{space 1}   -1.24{col 49}{space 3}0.216{col 57}{space 4}-24.02319{col 70}{space 3} 5.492644
{txt}{space 10}1999  {c |}{col 17}{res}{space 2}-19.45159{col 29}{space 2} 8.868245{col 40}{space 1}   -2.19{col 49}{space 3}0.030{col 57}{space 4}-37.02999{col 70}{space 3}-1.873189
{txt}{space 10}2000  {c |}{col 17}{res}{space 2}-12.93995{col 29}{space 2} 7.913019{col 40}{space 1}   -1.64{col 49}{space 3}0.105{col 57}{space 4}-28.62492{col 70}{space 3} 2.745029
{txt}{space 10}2001  {c |}{col 17}{res}{space 2}-17.89669{col 29}{space 2} 8.673252{col 40}{space 1}   -2.06{col 49}{space 3}0.041{col 57}{space 4}-35.08858{col 70}{space 3}-.7048038
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}-17.92244{col 29}{space 2} 7.760136{col 40}{space 1}   -2.31{col 49}{space 3}0.023{col 57}{space 4}-33.30438{col 70}{space 3}-2.540506
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} -16.9008{col 29}{space 2} 9.708463{col 40}{space 1}   -1.74{col 49}{space 3}0.085{col 57}{space 4}-36.14466{col 70}{space 3} 2.343058
{txt}{space 10}2004  {c |}{col 17}{res}{space 2}-17.48601{col 29}{space 2} 7.959148{col 40}{space 1}   -2.20{col 49}{space 3}0.030{col 57}{space 4}-33.26242{col 70}{space 3}-1.709602
{txt}{space 10}2005  {c |}{col 17}{res}{space 2}-22.23589{col 29}{space 2} 9.002318{col 40}{space 1}   -2.47{col 49}{space 3}0.015{col 57}{space 4}-40.08004{col 70}{space 3}-4.391731
{txt}{space 10}2006  {c |}{col 17}{res}{space 2}-18.42244{col 29}{space 2} 9.094439{col 40}{space 1}   -2.03{col 49}{space 3}0.045{col 57}{space 4}-36.44919{col 70}{space 3}-.3956797
{txt}{space 10}2007  {c |}{col 17}{res}{space 2}-20.41966{col 29}{space 2} 9.094551{col 40}{space 1}   -2.25{col 49}{space 3}0.027{col 57}{space 4}-38.44664{col 70}{space 3}-2.392685
{txt}{space 10}2008  {c |}{col 17}{res}{space 2}-17.51447{col 29}{space 2} 9.054758{col 40}{space 1}   -1.93{col 49}{space 3}0.056{col 57}{space 4}-35.46258{col 70}{space 3} .4336266
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-18.53967{col 29}{space 2} 9.062305{col 40}{space 1}   -2.05{col 49}{space 3}0.043{col 57}{space 4}-36.50272{col 70}{space 3}-.5766053
{txt}{space 10}2010  {c |}{col 17}{res}{space 2}-20.89144{col 29}{space 2}  8.52845{col 40}{space 1}   -2.45{col 49}{space 3}0.016{col 57}{space 4}-37.79631{col 70}{space 3}-3.986569
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-14.11448{col 29}{space 2} 14.63908{col 40}{space 1}   -0.96{col 49}{space 3}0.337{col 57}{space 4}-43.13167{col 70}{space 3} 14.90271
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. reg d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann i.state_fips i.year if allstates8110pcols!=. & year >1980 &  newsouth==1

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       150
{txt}{hline 13}{c +}{hline 34}   F(41, 108)      = {res}     2.39
{txt}       Model {c |} {res} 3913.73306        41   95.456904   {txt}Prob > F        ={res}    0.0002
{txt}    Residual {c |} {res}   4311.316       108  39.9195926   {txt}R-squared       ={res}    0.4758
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.2768
{txt}       Total {c |} {res} 8225.04907       149  55.2016716   {txt}Root MSE        =   {res} 6.3182

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1483981{col 29}{space 2} .0662343{col 40}{space 1}   -2.24{col 49}{space 3}0.027{col 57}{space 4}-.2796859{col 70}{space 3}-.0171103
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0024561{col 29}{space 2} .0013886{col 40}{space 1}    1.77{col 49}{space 3}0.080{col 57}{space 4}-.0002963{col 70}{space 3} .0052086
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-.0452879{col 29}{space 2} .1007187{col 40}{space 1}   -0.45{col 49}{space 3}0.654{col 57}{space 4}-.2449298{col 70}{space 3}  .154354
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} -.001198{col 29}{space 2} .0036866{col 40}{space 1}   -0.32{col 49}{space 3}0.746{col 57}{space 4}-.0085056{col 70}{space 3} .0061095
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0597555{col 29}{space 2} .0977029{col 40}{space 1}   -0.61{col 49}{space 3}0.542{col 57}{space 4}-.2534197{col 70}{space 3} .1339087
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0034959{col 29}{space 2} .0034903{col 40}{space 1}    1.00{col 49}{space 3}0.319{col 57}{space 4}-.0034225{col 70}{space 3} .0104143
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} -.132937{col 29}{space 2} .0957994{col 40}{space 1}   -1.39{col 49}{space 3}0.168{col 57}{space 4}-.3228281{col 70}{space 3} .0569541
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0045565{col 29}{space 2} .0039311{col 40}{space 1}   -1.16{col 49}{space 3}0.249{col 57}{space 4}-.0123486{col 70}{space 3} .0032356
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2} 2.498831{col 29}{space 2} 2.675025{col 40}{space 1}    0.93{col 49}{space 3}0.352{col 57}{space 4}-2.803533{col 70}{space 3} 7.801195
{txt}{space 12}37  {c |}{col 17}{res}{space 2} 4.668028{col 29}{space 2} 2.777625{col 40}{space 1}    1.68{col 49}{space 3}0.096{col 57}{space 4}-.8377058{col 70}{space 3} 10.17376
{txt}{space 12}48  {c |}{col 17}{res}{space 2} 3.402426{col 29}{space 2} 2.081561{col 40}{space 1}    1.63{col 49}{space 3}0.105{col 57}{space 4}-.7235884{col 70}{space 3} 7.528441
{txt}{space 12}51  {c |}{col 17}{res}{space 2}-.8658055{col 29}{space 2} 2.285077{col 40}{space 1}   -0.38{col 49}{space 3}0.706{col 57}{space 4}-5.395225{col 70}{space 3} 3.663614
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-7.815864{col 29}{space 2} 4.369991{col 40}{space 1}   -1.79{col 49}{space 3}0.076{col 57}{space 4}-16.47794{col 70}{space 3} .8462162
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-13.89063{col 29}{space 2} 4.245344{col 40}{space 1}   -3.27{col 49}{space 3}0.001{col 57}{space 4}-22.30564{col 70}{space 3}-5.475624
{txt}{space 10}1984  {c |}{col 17}{res}{space 2}-10.59527{col 29}{space 2} 5.014597{col 40}{space 1}   -2.11{col 49}{space 3}0.037{col 57}{space 4}-20.53507{col 70}{space 3}-.6554705
{txt}{space 10}1985  {c |}{col 17}{res}{space 2}-2.329911{col 29}{space 2} 5.367245{col 40}{space 1}   -0.43{col 49}{space 3}0.665{col 57}{space 4}-12.96872{col 70}{space 3}   8.3089
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}-10.01957{col 29}{space 2} 5.384667{col 40}{space 1}   -1.86{col 49}{space 3}0.065{col 57}{space 4}-20.69292{col 70}{space 3} .6537711
{txt}{space 10}1987  {c |}{col 17}{res}{space 2}-8.200719{col 29}{space 2} 5.190514{col 40}{space 1}   -1.58{col 49}{space 3}0.117{col 57}{space 4}-18.48922{col 70}{space 3} 2.087781
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}-9.357067{col 29}{space 2} 5.357861{col 40}{space 1}   -1.75{col 49}{space 3}0.084{col 57}{space 4}-19.97728{col 70}{space 3} 1.263143
{txt}{space 10}1989  {c |}{col 17}{res}{space 2}-6.257158{col 29}{space 2} 5.765395{col 40}{space 1}   -1.09{col 49}{space 3}0.280{col 57}{space 4}-17.68517{col 70}{space 3} 5.170855
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-10.86648{col 29}{space 2} 5.874603{col 40}{space 1}   -1.85{col 49}{space 3}0.067{col 57}{space 4}-22.51096{col 70}{space 3} .7780001
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-12.19183{col 29}{space 2} 5.761595{col 40}{space 1}   -2.12{col 49}{space 3}0.037{col 57}{space 4}-23.61232{col 70}{space 3}-.7713537
{txt}{space 10}1992  {c |}{col 17}{res}{space 2}-5.668643{col 29}{space 2} 6.009098{col 40}{space 1}   -0.94{col 49}{space 3}0.348{col 57}{space 4}-17.57972{col 70}{space 3} 6.242432
{txt}{space 10}1993  {c |}{col 17}{res}{space 2}-7.271169{col 29}{space 2}  6.42928{col 40}{space 1}   -1.13{col 49}{space 3}0.261{col 57}{space 4}-20.01512{col 70}{space 3} 5.472779
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}-8.225642{col 29}{space 2} 6.295962{col 40}{space 1}   -1.31{col 49}{space 3}0.194{col 57}{space 4}-20.70533{col 70}{space 3} 4.254046
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 2.764828{col 29}{space 2} 6.652979{col 40}{space 1}    0.42{col 49}{space 3}0.679{col 57}{space 4}-10.42253{col 70}{space 3} 15.95219
{txt}{space 10}1996  {c |}{col 17}{res}{space 2}-7.701406{col 29}{space 2} 7.181565{col 40}{space 1}   -1.07{col 49}{space 3}0.286{col 57}{space 4}-21.93651{col 70}{space 3} 6.533702
{txt}{space 10}1997  {c |}{col 17}{res}{space 2}-7.901976{col 29}{space 2} 7.728215{col 40}{space 1}   -1.02{col 49}{space 3}0.309{col 57}{space 4}-23.22064{col 70}{space 3} 7.416688
{txt}{space 10}1998  {c |}{col 17}{res}{space 2}-9.265275{col 29}{space 2} 8.650884{col 40}{space 1}   -1.07{col 49}{space 3}0.287{col 57}{space 4}-26.41283{col 70}{space 3} 7.882279
{txt}{space 10}1999  {c |}{col 17}{res}{space 2}-19.45159{col 29}{space 2} 9.222662{col 40}{space 1}   -2.11{col 49}{space 3}0.037{col 57}{space 4} -37.7325{col 70}{space 3}-1.170673
{txt}{space 10}2000  {c |}{col 17}{res}{space 2}-12.93995{col 29}{space 2} 9.624827{col 40}{space 1}   -1.34{col 49}{space 3}0.182{col 57}{space 4}-32.01803{col 70}{space 3}  6.13813
{txt}{space 10}2001  {c |}{col 17}{res}{space 2}-17.89669{col 29}{space 2} 9.872745{col 40}{space 1}   -1.81{col 49}{space 3}0.073{col 57}{space 4}-37.46619{col 70}{space 3} 1.672799
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}-17.92244{col 29}{space 2} 9.647302{col 40}{space 1}   -1.86{col 49}{space 3}0.066{col 57}{space 4}-37.04507{col 70}{space 3} 1.200184
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} -16.9008{col 29}{space 2}  9.65154{col 40}{space 1}   -1.75{col 49}{space 3}0.083{col 57}{space 4}-36.03183{col 70}{space 3} 2.230228
{txt}{space 10}2004  {c |}{col 17}{res}{space 2}-17.48601{col 29}{space 2} 10.22572{col 40}{space 1}   -1.71{col 49}{space 3}0.090{col 57}{space 4}-37.75517{col 70}{space 3} 2.783147
{txt}{space 10}2005  {c |}{col 17}{res}{space 2}-22.23589{col 29}{space 2}  10.4689{col 40}{space 1}   -2.12{col 49}{space 3}0.036{col 57}{space 4}-42.98707{col 70}{space 3}-1.484707
{txt}{space 10}2006  {c |}{col 17}{res}{space 2}-18.42244{col 29}{space 2} 10.59559{col 40}{space 1}   -1.74{col 49}{space 3}0.085{col 57}{space 4}-39.42474{col 70}{space 3} 2.579869
{txt}{space 10}2007  {c |}{col 17}{res}{space 2}-20.41966{col 29}{space 2} 10.91653{col 40}{space 1}   -1.87{col 49}{space 3}0.064{col 57}{space 4}-42.05813{col 70}{space 3}   1.2188
{txt}{space 10}2008  {c |}{col 17}{res}{space 2}-17.51447{col 29}{space 2} 10.89042{col 40}{space 1}   -1.61{col 49}{space 3}0.111{col 57}{space 4}-39.10118{col 70}{space 3} 4.072236
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-18.53967{col 29}{space 2}  10.6864{col 40}{space 1}   -1.73{col 49}{space 3}0.086{col 57}{space 4}-39.72197{col 70}{space 3} 2.642635
{txt}{space 10}2010  {c |}{col 17}{res}{space 2}-20.89144{col 29}{space 2} 10.83916{col 40}{space 1}   -1.93{col 49}{space 3}0.057{col 57}{space 4}-42.37653{col 70}{space 3} .5936603
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-14.11448{col 29}{space 2} 17.38131{col 40}{space 1}   -0.81{col 49}{space 3}0.419{col 57}{space 4}-48.56726{col 70}{space 3}  20.3383
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. 
. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       150{col 27}-513.1636{col 38} -464.718{col 49}    42{col 58} 1013.436{col 69} 1139.883
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. //inc
. qui newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney  l4.d.real_pc_inc_ann l3.d.klarnerranney  i.state_fips i.year if year >1980 &  newsouth==1, lag(5) force
{txt}
{com}. 
. *** 3.D.a: TEST OF REAL_PC_INC_ANN*
. test  l4.d.real_pc_inc_ann =  l3.d.klarnerranney = 0

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L4D.real_pc_inc_ann - L3D.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 2)}{space 1} L4D.real_pc_inc_ann = 0{p_end}

{txt}       F(  2,   106) ={res}    0.14
{txt}{col 13}Prob > F ={res}    0.8689
{txt}
{com}. 
. //pc 
. qui newey d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann  l4.d.klarnerranney l3.d.real_pc_inc_ann  i.state_fips i.year if year >1980 &  newsouth==1, lag(5) force
{txt}
{com}. 
. *** 3.D.b: TEST OF 4YR RANNEY MODEL*
. test l4.d.klarnerranney = l3.d.real_pc_inc_ann = 0

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L4D.klarnerranney - L3D.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 2)}{space 1} L4D.klarnerranney = 0{p_end}

{txt}       F(  2,   106) ={res}    0.48
{txt}{col 13}Prob > F ={res}    0.6190
{txt}
{com}. 
. 
. //Reduce (1,1) to (5,4)
. 
. 
. //Income (1,1) Reduced to (5,4)
. newey d.real_pc_inc_ann l.real_pc_inc_ann l.klarnerranney d.klarnerranney i.state_fips i.year if allstates8110inc!=. & year >1980 &  newsouth==1, lag(5) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       150
{txt}maximum lag: {res}5{col 49}{txt}F( 36,       113){col 67}= {res}     88.94
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}{col 29}  Newey-West
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.0579071{col 29}{space 2} .0371794{col 40}{space 1}   -1.56{col 49}{space 3}0.122{col 57}{space 4}-.1315663{col 70}{space 3}  .015752
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-3.752242{col 29}{space 2} 1.597948{col 40}{space 1}   -2.35{col 49}{space 3}0.021{col 57}{space 4}-6.918065{col 70}{space 3}-.5864195
{txt}{space 12}D1. {c |}{col 17}{res}{space 2}-1.642779{col 29}{space 2} 1.956267{col 40}{space 1}   -0.84{col 49}{space 3}0.403{col 57}{space 4}-5.518498{col 70}{space 3} 2.232939
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2}-112.8123{col 29}{space 2} 70.17179{col 40}{space 1}   -1.61{col 49}{space 3}0.111{col 57}{space 4}-251.8352{col 70}{space 3}  26.2107
{txt}{space 12}37  {c |}{col 17}{res}{space 2}-84.94909{col 29}{space 2} 76.10436{col 40}{space 1}   -1.12{col 49}{space 3}0.267{col 57}{space 4}-235.7256{col 70}{space 3} 65.82738
{txt}{space 12}48  {c |}{col 17}{res}{space 2}-55.73193{col 29}{space 2}  82.4899{col 40}{space 1}   -0.68{col 49}{space 3}0.501{col 57}{space 4}-219.1593{col 70}{space 3} 107.6954
{txt}{space 12}51  {c |}{col 17}{res}{space 2}  164.062{col 29}{space 2} 66.06879{col 40}{space 1}    2.48{col 49}{space 3}0.014{col 57}{space 4} 33.16785{col 70}{space 3} 294.9562
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-138.8903{col 29}{space 2} 104.6324{col 40}{space 1}   -1.33{col 49}{space 3}0.187{col 57}{space 4}-346.1859{col 70}{space 3} 68.40526
{txt}{space 10}1983  {c |}{col 17}{res}{space 2} 245.9201{col 29}{space 2} 158.4654{col 40}{space 1}    1.55{col 49}{space 3}0.123{col 57}{space 4}-68.02849{col 70}{space 3} 559.8687
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 500.1532{col 29}{space 2} 125.1754{col 40}{space 1}    4.00{col 49}{space 3}0.000{col 57}{space 4} 252.1583{col 70}{space 3} 748.1482
{txt}{space 10}1985  {c |}{col 17}{res}{space 2}  278.845{col 29}{space 2} 112.5327{col 40}{space 1}    2.48{col 49}{space 3}0.015{col 57}{space 4} 55.89746{col 70}{space 3} 501.7925
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} 320.2966{col 29}{space 2}  161.363{col 40}{space 1}    1.98{col 49}{space 3}0.050{col 57}{space 4} .6073867{col 70}{space 3} 639.9859
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 148.8964{col 29}{space 2} 136.4138{col 40}{space 1}    1.09{col 49}{space 3}0.277{col 57}{space 4}-121.3639{col 70}{space 3} 419.1567
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} 354.0452{col 29}{space 2} 129.9267{col 40}{space 1}    2.72{col 49}{space 3}0.007{col 57}{space 4}  96.6371{col 70}{space 3} 611.4534
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 286.0091{col 29}{space 2} 153.9608{col 40}{space 1}    1.86{col 49}{space 3}0.066{col 57}{space 4}  -19.015{col 70}{space 3} 591.0333
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-33.56104{col 29}{space 2} 180.8377{col 40}{space 1}   -0.19{col 49}{space 3}0.853{col 57}{space 4}-391.8332{col 70}{space 3} 324.7111
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-148.0081{col 29}{space 2} 150.6186{col 40}{space 1}   -0.98{col 49}{space 3}0.328{col 57}{space 4}-446.4106{col 70}{space 3} 150.3944
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 325.5284{col 29}{space 2} 155.8003{col 40}{space 1}    2.09{col 49}{space 3}0.039{col 57}{space 4} 16.85986{col 70}{space 3} 634.1968
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 188.3408{col 29}{space 2} 152.9742{col 40}{space 1}    1.23{col 49}{space 3}0.221{col 57}{space 4}-114.7288{col 70}{space 3} 491.4103
{txt}{space 10}1994  {c |}{col 17}{res}{space 2} 342.2765{col 29}{space 2} 160.6387{col 40}{space 1}    2.13{col 49}{space 3}0.035{col 57}{space 4} 24.02219{col 70}{space 3} 660.5309
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 395.7562{col 29}{space 2} 177.0725{col 40}{space 1}    2.23{col 49}{space 3}0.027{col 57}{space 4} 44.94355{col 70}{space 3} 746.5688
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 492.4945{col 29}{space 2} 192.1495{col 40}{space 1}    2.56{col 49}{space 3}0.012{col 57}{space 4} 111.8118{col 70}{space 3} 873.1772
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 611.9121{col 29}{space 2} 214.1179{col 40}{space 1}    2.86{col 49}{space 3}0.005{col 57}{space 4} 187.7061{col 70}{space 3} 1036.118
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 907.5794{col 29}{space 2} 206.3197{col 40}{space 1}    4.40{col 49}{space 3}0.000{col 57}{space 4} 498.8229{col 70}{space 3} 1316.336
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 578.5311{col 29}{space 2} 227.0841{col 40}{space 1}    2.55{col 49}{space 3}0.012{col 57}{space 4} 128.6366{col 70}{space 3} 1028.426
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 811.2276{col 29}{space 2} 241.0436{col 40}{space 1}    3.37{col 49}{space 3}0.001{col 57}{space 4} 333.6767{col 70}{space 3} 1288.778
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 322.6291{col 29}{space 2} 258.0544{col 40}{space 1}    1.25{col 49}{space 3}0.214{col 57}{space 4}-188.6232{col 70}{space 3} 833.8814
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} 167.6083{col 29}{space 2} 251.8742{col 40}{space 1}    0.67{col 49}{space 3}0.507{col 57}{space 4}   -331.4{col 70}{space 3} 666.6166
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 323.1355{col 29}{space 2} 238.4338{col 40}{space 1}    1.36{col 49}{space 3}0.178{col 57}{space 4}-149.2449{col 70}{space 3} 795.5159
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 713.2805{col 29}{space 2} 254.8671{col 40}{space 1}    2.80{col 49}{space 3}0.006{col 57}{space 4} 208.3427{col 70}{space 3} 1218.218
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 686.1677{col 29}{space 2} 265.4221{col 40}{space 1}    2.59{col 49}{space 3}0.011{col 57}{space 4} 160.3186{col 70}{space 3} 1212.017
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 728.8141{col 29}{space 2} 281.2981{col 40}{space 1}    2.59{col 49}{space 3}0.011{col 57}{space 4} 171.5119{col 70}{space 3} 1286.116
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 598.6939{col 29}{space 2} 278.1218{col 40}{space 1}    2.15{col 49}{space 3}0.033{col 57}{space 4} 47.68438{col 70}{space 3} 1149.703
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 257.8965{col 29}{space 2} 363.8473{col 40}{space 1}    0.71{col 49}{space 3}0.480{col 57}{space 4}-462.9506{col 70}{space 3} 978.7435
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-557.5885{col 29}{space 2} 270.5833{col 40}{space 1}   -2.06{col 49}{space 3}0.042{col 57}{space 4}-1093.663{col 70}{space 3}-21.51406
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} 459.4819{col 29}{space 2} 263.8522{col 40}{space 1}    1.74{col 49}{space 3}0.084{col 57}{space 4}-63.25686{col 70}{space 3} 982.2206
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 1014.637{col 29}{space 2} 460.4915{col 40}{space 1}    2.20{col 49}{space 3}0.030{col 57}{space 4} 102.3207{col 70}{space 3} 1926.954
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. reg d.real_pc_inc_ann l.real_pc_inc_ann l.klarnerranney d.klarnerranney i.state_fips i.year if allstates8110incols!=. & year >1980 &  newsouth==1

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       150
{txt}{hline 13}{c +}{hline 34}   F(36, 113)      = {res}    12.78
{txt}       Model {c |} {res} 13911518.3        36  386431.065   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 3416866.45       113  30237.7562   {txt}R-squared       ={res}    0.8028
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.7400
{txt}       Total {c |} {res} 17328384.8       149  116297.885   {txt}Root MSE        =   {res} 173.89

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.0579071{col 29}{space 2}  .033452{col 40}{space 1}   -1.73{col 49}{space 3}0.086{col 57}{space 4}-.1241816{col 70}{space 3} .0083673
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-3.752242{col 29}{space 2} 1.579005{col 40}{space 1}   -2.38{col 49}{space 3}0.019{col 57}{space 4}-6.880536{col 70}{space 3} -.623948
{txt}{space 12}D1. {c |}{col 17}{res}{space 2}-1.642779{col 29}{space 2} 2.592046{col 40}{space 1}   -0.63{col 49}{space 3}0.528{col 57}{space 4} -6.77809{col 70}{space 3} 3.492532
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2}-112.8123{col 29}{space 2} 63.83695{col 40}{space 1}   -1.77{col 49}{space 3}0.080{col 57}{space 4}-239.2848{col 70}{space 3} 13.66025
{txt}{space 12}37  {c |}{col 17}{res}{space 2}-84.94909{col 29}{space 2} 67.88228{col 40}{space 1}   -1.25{col 49}{space 3}0.213{col 57}{space 4}-219.4361{col 70}{space 3} 49.53795
{txt}{space 12}48  {c |}{col 17}{res}{space 2}-55.73193{col 29}{space 2} 53.68159{col 40}{space 1}   -1.04{col 49}{space 3}0.301{col 57}{space 4}-162.0849{col 70}{space 3} 50.62098
{txt}{space 12}51  {c |}{col 17}{res}{space 2}  164.062{col 29}{space 2} 59.22469{col 40}{space 1}    2.77{col 49}{space 3}0.007{col 57}{space 4} 46.72725{col 70}{space 3} 281.3969
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-138.8903{col 29}{space 2} 112.0725{col 40}{space 1}   -1.24{col 49}{space 3}0.218{col 57}{space 4}-360.9262{col 70}{space 3}  83.1455
{txt}{space 10}1983  {c |}{col 17}{res}{space 2} 245.9201{col 29}{space 2} 117.7156{col 40}{space 1}    2.09{col 49}{space 3}0.039{col 57}{space 4} 12.70436{col 70}{space 3} 479.1359
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 500.1532{col 29}{space 2} 114.7458{col 40}{space 1}    4.36{col 49}{space 3}0.000{col 57}{space 4}  272.821{col 70}{space 3} 727.4854
{txt}{space 10}1985  {c |}{col 17}{res}{space 2}  278.845{col 29}{space 2} 118.2203{col 40}{space 1}    2.36{col 49}{space 3}0.020{col 57}{space 4} 44.62918{col 70}{space 3} 513.0608
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} 320.2966{col 29}{space 2} 127.6272{col 40}{space 1}    2.51{col 49}{space 3}0.014{col 57}{space 4} 67.44405{col 70}{space 3} 573.1492
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 148.8964{col 29}{space 2} 132.7569{col 40}{space 1}    1.12{col 49}{space 3}0.264{col 57}{space 4}-114.1191{col 70}{space 3} 411.9119
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} 354.0452{col 29}{space 2} 138.0723{col 40}{space 1}    2.56{col 49}{space 3}0.012{col 57}{space 4} 80.49918{col 70}{space 3} 627.5913
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 286.0091{col 29}{space 2} 143.2101{col 40}{space 1}    2.00{col 49}{space 3}0.048{col 57}{space 4} 2.284093{col 70}{space 3} 569.7342
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-33.56104{col 29}{space 2} 152.8618{col 40}{space 1}   -0.22{col 49}{space 3}0.827{col 57}{space 4}-336.4078{col 70}{space 3} 269.2857
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-148.0081{col 29}{space 2} 152.1751{col 40}{space 1}   -0.97{col 49}{space 3}0.333{col 57}{space 4}-449.4945{col 70}{space 3} 153.4783
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 325.5284{col 29}{space 2} 145.6175{col 40}{space 1}    2.24{col 49}{space 3}0.027{col 57}{space 4} 37.03373{col 70}{space 3}  614.023
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 188.3408{col 29}{space 2} 153.4971{col 40}{space 1}    1.23{col 49}{space 3}0.222{col 57}{space 4}-115.7647{col 70}{space 3} 492.4463
{txt}{space 10}1994  {c |}{col 17}{res}{space 2} 342.2765{col 29}{space 2} 159.8961{col 40}{space 1}    2.14{col 49}{space 3}0.034{col 57}{space 4} 25.49359{col 70}{space 3} 659.0594
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 395.7562{col 29}{space 2} 165.8409{col 40}{space 1}    2.39{col 49}{space 3}0.019{col 57}{space 4} 67.19535{col 70}{space 3}  724.317
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 492.4945{col 29}{space 2} 179.9267{col 40}{space 1}    2.74{col 49}{space 3}0.007{col 57}{space 4} 136.0272{col 70}{space 3} 848.9618
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 611.9121{col 29}{space 2} 186.8997{col 40}{space 1}    3.27{col 49}{space 3}0.001{col 57}{space 4} 241.6302{col 70}{space 3} 982.1941
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 907.5794{col 29}{space 2} 197.5634{col 40}{space 1}    4.59{col 49}{space 3}0.000{col 57}{space 4} 516.1708{col 70}{space 3} 1298.988
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 578.5311{col 29}{space 2} 215.9797{col 40}{space 1}    2.68{col 49}{space 3}0.008{col 57}{space 4} 150.6364{col 70}{space 3} 1006.426
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 811.2276{col 29}{space 2} 218.7744{col 40}{space 1}    3.71{col 49}{space 3}0.000{col 57}{space 4}  377.796{col 70}{space 3} 1244.659
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 322.6291{col 29}{space 2} 233.1583{col 40}{space 1}    1.38{col 49}{space 3}0.169{col 57}{space 4}-139.2996{col 70}{space 3} 784.5578
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} 167.6083{col 29}{space 2} 234.1824{col 40}{space 1}    0.72{col 49}{space 3}0.476{col 57}{space 4}-296.3493{col 70}{space 3}  631.566
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 323.1355{col 29}{space 2} 228.6009{col 40}{space 1}    1.41{col 49}{space 3}0.160{col 57}{space 4}-129.7642{col 70}{space 3} 776.0351
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 713.2805{col 29}{space 2} 229.2104{col 40}{space 1}    3.11{col 49}{space 3}0.002{col 57}{space 4} 259.1734{col 70}{space 3} 1167.388
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 686.1677{col 29}{space 2}  242.119{col 40}{space 1}    2.83{col 49}{space 3}0.005{col 57}{space 4} 206.4863{col 70}{space 3} 1165.849
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 728.8141{col 29}{space 2} 250.5539{col 40}{space 1}    2.91{col 49}{space 3}0.004{col 57}{space 4} 232.4216{col 70}{space 3} 1225.207
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 598.6939{col 29}{space 2} 262.5266{col 40}{space 1}    2.28{col 49}{space 3}0.024{col 57}{space 4} 78.58137{col 70}{space 3} 1118.806
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 257.8965{col 29}{space 2} 268.5631{col 40}{space 1}    0.96{col 49}{space 3}0.339{col 57}{space 4}-274.1755{col 70}{space 3} 789.9684
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-557.5885{col 29}{space 2} 267.1536{col 40}{space 1}   -2.09{col 49}{space 3}0.039{col 57}{space 4}-1086.868{col 70}{space 3}-28.30908
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} 459.4819{col 29}{space 2} 244.1383{col 40}{space 1}    1.88{col 49}{space 3}0.062{col 57}{space 4} -24.2001{col 70}{space 3} 943.1638
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 1014.637{col 29}{space 2} 404.0283{col 40}{space 1}    2.51{col 49}{space 3}0.013{col 57}{space 4} 214.1843{col 70}{space 3}  1815.09
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       150{col 27}-1087.132{col 38}-965.3607{col 49}    37{col 58} 2004.721{col 69} 2116.115
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. 
. //PC (1,1) to (5,4)
. 
. newey d.klarnerranney l.klarnerranney l.real_pc_inc_ann d.real_pc_inc_ann i.state_fips i.year if allstates8110pc!=. & year >1980 &  newsouth==1, lag(5) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       150
{txt}maximum lag: {res}5{col 49}{txt}F( 36,       113){col 67}= {res}      4.73
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}  Newey-West
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1856765{col 29}{space 2} .0576726{col 40}{space 1}   -3.22{col 49}{space 3}0.002{col 57}{space 4}-.2999363{col 70}{space 3}-.0714167
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0017862{col 29}{space 2}  .000949{col 40}{space 1}    1.88{col 49}{space 3}0.062{col 57}{space 4} -.000094{col 70}{space 3} .0036664
{txt}{space 12}D1. {c |}{col 17}{res}{space 2}-.0021561{col 29}{space 2} .0027135{col 40}{space 1}   -0.79{col 49}{space 3}0.429{col 57}{space 4} -.007532{col 70}{space 3} .0032198
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2} .9194471{col 29}{space 2} 2.379087{col 40}{space 1}    0.39{col 49}{space 3}0.700{col 57}{space 4}-3.793953{col 70}{space 3} 5.632847
{txt}{space 12}37  {c |}{col 17}{res}{space 2} 3.166119{col 29}{space 2} 2.232734{col 40}{space 1}    1.42{col 49}{space 3}0.159{col 57}{space 4} -1.25733{col 70}{space 3} 7.589568
{txt}{space 12}48  {c |}{col 17}{res}{space 2} 2.444275{col 29}{space 2} 1.700223{col 40}{space 1}    1.44{col 49}{space 3}0.153{col 57}{space 4}-.9241734{col 70}{space 3} 5.812723
{txt}{space 12}51  {c |}{col 17}{res}{space 2}-.1769595{col 29}{space 2} 1.939319{col 40}{space 1}   -0.09{col 49}{space 3}0.927{col 57}{space 4}  -4.0191{col 70}{space 3} 3.665181
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-6.139322{col 29}{space 2} 4.494106{col 40}{space 1}   -1.37{col 49}{space 3}0.175{col 57}{space 4}-15.04296{col 70}{space 3} 2.764313
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-13.98196{col 29}{space 2}  5.61398{col 40}{space 1}   -2.49{col 49}{space 3}0.014{col 57}{space 4}-25.10427{col 70}{space 3}-2.859654
{txt}{space 10}1984  {c |}{col 17}{res}{space 2}-8.258595{col 29}{space 2} 3.637394{col 40}{space 1}   -2.27{col 49}{space 3}0.025{col 57}{space 4}-15.46493{col 70}{space 3}-1.052261
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} .4189063{col 29}{space 2} 5.211203{col 40}{space 1}    0.08{col 49}{space 3}0.936{col 57}{space 4}-9.905428{col 70}{space 3} 10.74324
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}-8.414808{col 29}{space 2} 3.834618{col 40}{space 1}   -2.19{col 49}{space 3}0.030{col 57}{space 4}-16.01188{col 70}{space 3}-.8177385
{txt}{space 10}1987  {c |}{col 17}{res}{space 2}-6.393038{col 29}{space 2} 5.007528{col 40}{space 1}   -1.28{col 49}{space 3}0.204{col 57}{space 4}-16.31385{col 70}{space 3} 3.527778
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} -8.71952{col 29}{space 2} 4.034705{col 40}{space 1}   -2.16{col 49}{space 3}0.033{col 57}{space 4}  -16.713{col 70}{space 3}-.7260403
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} -2.58957{col 29}{space 2} 4.944338{col 40}{space 1}   -0.52{col 49}{space 3}0.601{col 57}{space 4}-12.38519{col 70}{space 3} 7.206055
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-8.826575{col 29}{space 2} 4.640374{col 40}{space 1}   -1.90{col 49}{space 3}0.060{col 57}{space 4}-18.01999{col 70}{space 3} .3668422
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-10.76086{col 29}{space 2} 4.579049{col 40}{space 1}   -2.35{col 49}{space 3}0.021{col 57}{space 4}-19.83278{col 70}{space 3}-1.688939
{txt}{space 10}1992  {c |}{col 17}{res}{space 2}-3.176768{col 29}{space 2} 6.261566{col 40}{space 1}   -0.51{col 49}{space 3}0.613{col 57}{space 4}-15.58206{col 70}{space 3} 9.228524
{txt}{space 10}1993  {c |}{col 17}{res}{space 2}-1.708071{col 29}{space 2} 5.453343{col 40}{space 1}   -0.31{col 49}{space 3}0.755{col 57}{space 4}-12.51213{col 70}{space 3} 9.095986
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}-5.184046{col 29}{space 2} 5.233448{col 40}{space 1}   -0.99{col 49}{space 3}0.324{col 57}{space 4}-15.55245{col 70}{space 3} 5.184358
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 6.591318{col 29}{space 2}  8.43345{col 40}{space 1}    0.78{col 49}{space 3}0.436{col 57}{space 4}-10.11687{col 70}{space 3}  23.2995
{txt}{space 10}1996  {c |}{col 17}{res}{space 2}-4.124241{col 29}{space 2} 6.229705{col 40}{space 1}   -0.66{col 49}{space 3}0.509{col 57}{space 4}-16.46641{col 70}{space 3} 8.217929
{txt}{space 10}1997  {c |}{col 17}{res}{space 2}-3.360663{col 29}{space 2} 6.986177{col 40}{space 1}   -0.48{col 49}{space 3}0.631{col 57}{space 4}-17.20154{col 70}{space 3} 10.48021
{txt}{space 10}1998  {c |}{col 17}{res}{space 2}-4.873888{col 29}{space 2}  6.85542{col 40}{space 1}   -0.71{col 49}{space 3}0.479{col 57}{space 4}-18.45571{col 70}{space 3} 8.707936
{txt}{space 10}1999  {c |}{col 17}{res}{space 2}-12.72143{col 29}{space 2} 7.744112{col 40}{space 1}   -1.64{col 49}{space 3}0.103{col 57}{space 4}-28.06391{col 70}{space 3} 2.621055
{txt}{space 10}2000  {c |}{col 17}{res}{space 2}-8.239002{col 29}{space 2} 7.007222{col 40}{space 1}   -1.18{col 49}{space 3}0.242{col 57}{space 4}-22.12157{col 70}{space 3} 5.643569
{txt}{space 10}2001  {c |}{col 17}{res}{space 2}-10.59242{col 29}{space 2} 7.520189{col 40}{space 1}   -1.41{col 49}{space 3}0.162{col 57}{space 4}-25.49127{col 70}{space 3} 4.306436
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}-13.16123{col 29}{space 2} 7.108944{col 40}{space 1}   -1.85{col 49}{space 3}0.067{col 57}{space 4}-27.24533{col 70}{space 3}   .92287
{txt}{space 10}2003  {c |}{col 17}{res}{space 2}-10.96723{col 29}{space 2} 9.049921{col 40}{space 1}   -1.21{col 49}{space 3}0.228{col 57}{space 4}-28.89676{col 70}{space 3} 6.962294
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} -9.83086{col 29}{space 2} 7.296535{col 40}{space 1}   -1.35{col 49}{space 3}0.181{col 57}{space 4}-24.28661{col 70}{space 3} 4.624892
{txt}{space 10}2005  {c |}{col 17}{res}{space 2}-13.61711{col 29}{space 2} 7.986457{col 40}{space 1}   -1.71{col 49}{space 3}0.091{col 57}{space 4}-29.43972{col 70}{space 3} 2.205503
{txt}{space 10}2006  {c |}{col 17}{res}{space 2}-11.74328{col 29}{space 2} 7.996375{col 40}{space 1}   -1.47{col 49}{space 3}0.145{col 57}{space 4}-27.58554{col 70}{space 3} 4.098986
{txt}{space 10}2007  {c |}{col 17}{res}{space 2}-13.33085{col 29}{space 2}  8.17593{col 40}{space 1}   -1.63{col 49}{space 3}0.106{col 57}{space 4}-29.52884{col 70}{space 3} 2.867142
{txt}{space 10}2008  {c |}{col 17}{res}{space 2}-11.04594{col 29}{space 2} 8.066686{col 40}{space 1}   -1.37{col 49}{space 3}0.174{col 57}{space 4} -27.0275{col 70}{space 3} 4.935617
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-13.90524{col 29}{space 2} 8.677322{col 40}{space 1}   -1.60{col 49}{space 3}0.112{col 57}{space 4}-31.09658{col 70}{space 3} 3.286095
{txt}{space 10}2010  {c |}{col 17}{res}{space 2}-17.07613{col 29}{space 2} 8.036762{col 40}{space 1}   -2.12{col 49}{space 3}0.036{col 57}{space 4} -32.9984{col 70}{space 3}-1.153852
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-5.360757{col 29}{space 2} 12.84227{col 40}{space 1}   -0.42{col 49}{space 3}0.677{col 57}{space 4}-30.80362{col 70}{space 3}  20.0821
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. reg d.klarnerranney l.klarnerranney l.real_pc_inc_ann d.real_pc_inc_ann i.state_fips i.year if allstates8110pcols!=. & year >1980 &  newsouth==1

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       150
{txt}{hline 13}{c +}{hline 34}   F(36, 113)      = {res}     2.62
{txt}       Model {c |} {res} 3740.45563        36  103.901545   {txt}Prob > F        ={res}    0.0001
{txt}    Residual {c |} {res} 4484.59344       113  39.6866676   {txt}R-squared       ={res}    0.4548
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.2811
{txt}       Total {c |} {res} 8225.04907       149  55.2016716   {txt}Root MSE        =   {res} 6.2997

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1856765{col 29}{space 2} .0559536{col 40}{space 1}   -3.32{col 49}{space 3}0.001{col 57}{space 4}-.2965307{col 70}{space 3}-.0748224
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0017862{col 29}{space 2} .0012163{col 40}{space 1}    1.47{col 49}{space 3}0.145{col 57}{space 4}-.0006235{col 70}{space 3}  .004196
{txt}{space 12}D1. {c |}{col 17}{res}{space 2}-.0021561{col 29}{space 2}  .003402{col 40}{space 1}   -0.63{col 49}{space 3}0.528{col 57}{space 4}-.0088962{col 70}{space 3} .0045839
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2} .9194471{col 29}{space 2} 2.342846{col 40}{space 1}    0.39{col 49}{space 3}0.695{col 57}{space 4}-3.722154{col 70}{space 3} 5.561048
{txt}{space 12}37  {c |}{col 17}{res}{space 2} 3.166119{col 29}{space 2} 2.458262{col 40}{space 1}    1.29{col 49}{space 3}0.200{col 57}{space 4}-1.704142{col 70}{space 3}  8.03638
{txt}{space 12}48  {c |}{col 17}{res}{space 2} 2.444275{col 29}{space 2} 1.940468{col 40}{space 1}    1.26{col 49}{space 3}0.210{col 57}{space 4}-1.400143{col 70}{space 3} 6.288692
{txt}{space 12}51  {c |}{col 17}{res}{space 2}-.1769595{col 29}{space 2} 2.217203{col 40}{space 1}   -0.08{col 49}{space 3}0.937{col 57}{space 4}-4.569638{col 70}{space 3} 4.215719
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-6.139322{col 29}{space 2} 4.046686{col 40}{space 1}   -1.52{col 49}{space 3}0.132{col 57}{space 4}-14.15654{col 70}{space 3} 1.877894
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-13.98196{col 29}{space 2} 4.142398{col 40}{space 1}   -3.38{col 49}{space 3}0.001{col 57}{space 4} -22.1888{col 70}{space 3}-5.775123
{txt}{space 10}1984  {c |}{col 17}{res}{space 2}-8.258595{col 29}{space 2} 4.425261{col 40}{space 1}   -1.87{col 49}{space 3}0.065{col 57}{space 4}-17.02584{col 70}{space 3} .5086461
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} .4189063{col 29}{space 2} 4.386906{col 40}{space 1}    0.10{col 49}{space 3}0.924{col 57}{space 4}-8.272346{col 70}{space 3} 9.110159
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}-8.414808{col 29}{space 2} 4.684408{col 40}{space 1}   -1.80{col 49}{space 3}0.075{col 57}{space 4}-17.69546{col 70}{space 3} .8658486
{txt}{space 10}1987  {c |}{col 17}{res}{space 2}-6.393038{col 29}{space 2} 4.798711{col 40}{space 1}   -1.33{col 49}{space 3}0.185{col 57}{space 4}-15.90015{col 70}{space 3} 3.114074
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} -8.71952{col 29}{space 2}  5.07979{col 40}{space 1}   -1.72{col 49}{space 3}0.089{col 57}{space 4} -18.7835{col 70}{space 3} 1.344461
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} -2.58957{col 29}{space 2}   5.2734{col 40}{space 1}   -0.49{col 49}{space 3}0.624{col 57}{space 4}-13.03713{col 70}{space 3} 7.857987
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-8.826575{col 29}{space 2}  5.47651{col 40}{space 1}   -1.61{col 49}{space 3}0.110{col 57}{space 4}-19.67653{col 70}{space 3} 2.023379
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-10.76086{col 29}{space 2} 5.442731{col 40}{space 1}   -1.98{col 49}{space 3}0.050{col 57}{space 4}-21.54389{col 70}{space 3} .0221705
{txt}{space 10}1992  {c |}{col 17}{res}{space 2}-3.176768{col 29}{space 2} 5.382574{col 40}{space 1}   -0.59{col 49}{space 3}0.556{col 57}{space 4}-13.84062{col 70}{space 3} 7.487083
{txt}{space 10}1993  {c |}{col 17}{res}{space 2}-1.708071{col 29}{space 2}  5.59555{col 40}{space 1}   -0.31{col 49}{space 3}0.761{col 57}{space 4}-12.79387{col 70}{space 3} 9.377723
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}-5.184046{col 29}{space 2} 5.888882{col 40}{space 1}   -0.88{col 49}{space 3}0.381{col 57}{space 4}-16.85098{col 70}{space 3} 6.482891
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 6.591318{col 29}{space 2} 6.126362{col 40}{space 1}    1.08{col 49}{space 3}0.284{col 57}{space 4} -5.54611{col 70}{space 3} 18.72875
{txt}{space 10}1996  {c |}{col 17}{res}{space 2}-4.124241{col 29}{space 2}  6.71987{col 40}{space 1}   -0.61{col 49}{space 3}0.541{col 57}{space 4}-17.43752{col 70}{space 3} 9.189034
{txt}{space 10}1997  {c |}{col 17}{res}{space 2}-3.360663{col 29}{space 2} 7.077869{col 40}{space 1}   -0.47{col 49}{space 3}0.636{col 57}{space 4} -17.3832{col 70}{space 3} 10.66187
{txt}{space 10}1998  {c |}{col 17}{res}{space 2}-4.873888{col 29}{space 2} 7.783641{col 40}{space 1}   -0.63{col 49}{space 3}0.532{col 57}{space 4}-20.29468{col 70}{space 3} 10.54691
{txt}{space 10}1999  {c |}{col 17}{res}{space 2}-12.72143{col 29}{space 2} 7.979925{col 40}{space 1}   -1.59{col 49}{space 3}0.114{col 57}{space 4} -28.5311{col 70}{space 3} 3.088244
{txt}{space 10}2000  {c |}{col 17}{res}{space 2}-8.239002{col 29}{space 2} 8.358322{col 40}{space 1}   -0.99{col 49}{space 3}0.326{col 57}{space 4}-24.79834{col 70}{space 3} 8.320341
{txt}{space 10}2001  {c |}{col 17}{res}{space 2}-10.59242{col 29}{space 2} 8.459703{col 40}{space 1}   -1.25{col 49}{space 3}0.213{col 57}{space 4}-27.35261{col 70}{space 3} 6.167782
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}-13.16123{col 29}{space 2} 8.412612{col 40}{space 1}   -1.56{col 49}{space 3}0.121{col 57}{space 4}-29.82813{col 70}{space 3} 3.505673
{txt}{space 10}2003  {c |}{col 17}{res}{space 2}-10.96723{col 29}{space 2} 8.290767{col 40}{space 1}   -1.32{col 49}{space 3}0.189{col 57}{space 4}-27.39274{col 70}{space 3} 5.458273
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} -9.83086{col 29}{space 2} 8.602832{col 40}{space 1}   -1.14{col 49}{space 3}0.256{col 57}{space 4}-26.87462{col 70}{space 3} 7.212901
{txt}{space 10}2005  {c |}{col 17}{res}{space 2}-13.61711{col 29}{space 2} 8.987091{col 40}{space 1}   -1.52{col 49}{space 3}0.133{col 57}{space 4}-31.42216{col 70}{space 3} 4.187939
{txt}{space 10}2006  {c |}{col 17}{res}{space 2}-11.74328{col 29}{space 2} 9.345773{col 40}{space 1}   -1.26{col 49}{space 3}0.212{col 57}{space 4}-30.25894{col 70}{space 3} 6.772386
{txt}{space 10}2007  {c |}{col 17}{res}{space 2}-13.33085{col 29}{space 2} 9.646109{col 40}{space 1}   -1.38{col 49}{space 3}0.170{col 57}{space 4}-32.44153{col 70}{space 3} 5.779832
{txt}{space 10}2008  {c |}{col 17}{res}{space 2}-11.04594{col 29}{space 2} 9.713774{col 40}{space 1}   -1.14{col 49}{space 3}0.258{col 57}{space 4}-30.29068{col 70}{space 3} 8.198796
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-13.90524{col 29}{space 2} 9.776174{col 40}{space 1}   -1.42{col 49}{space 3}0.158{col 57}{space 4}-33.27361{col 70}{space 3}  5.46312
{txt}{space 10}2010  {c |}{col 17}{res}{space 2}-17.07613{col 29}{space 2} 8.837451{col 40}{space 1}   -1.93{col 49}{space 3}0.056{col 57}{space 4}-34.58471{col 70}{space 3} .4324571
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-5.360757{col 29}{space 2}  15.0317{col 40}{space 1}   -0.36{col 49}{space 3}0.722{col 57}{space 4}-35.14127{col 70}{space 3} 24.41976
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. 
. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       150{col 27}-513.1636{col 38}-467.6734{col 49}    37{col 58} 1009.347{col 69}  1120.74
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. 
. 
. //inc
. qui newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney  l4.d.real_pc_inc_ann l3.d.klarnerranney  i.state_fips i.year if year >1980 &  newsouth==1, lag(5) force
{txt}
{com}. 
. *** 3.E.a: TEST OF REAL_PC_INC_ANN*
. test  l2.d.real_pc_inc_ann =  l.d.klarnerranney =  l3.d.real_pc_inc_ann =  l2.d.klarnerranney =  l4.d.real_pc_inc_ann =  l3.d.klarnerranney = 0

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L2D.real_pc_inc_ann - LD.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 2)}{space 1} L2D.real_pc_inc_ann - L3D.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 3)}{space 1} L2D.real_pc_inc_ann - L2D.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 4)}{space 1} L2D.real_pc_inc_ann - L4D.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 5)}{space 1} L2D.real_pc_inc_ann - L3D.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 6)}{space 1} L2D.real_pc_inc_ann = 0{p_end}

{txt}       F(  6,   106) ={res}    3.95
{txt}{col 13}Prob > F ={res}    0.0013
{txt}
{com}. 
. //pc
. qui newey d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann  l4.d.klarnerranney l3.d.real_pc_inc_ann  i.state_fips i.year if year >1980 &  newsouth==1, lag(5) force
{txt}
{com}. 
. *** 3.E.b: TEST OF klarnerranney*
. test l2.d.klarnerranney = l.d.real_pc_inc_ann = l3.d.klarnerranney = l2.d.real_pc_inc_ann = l4.d.klarnerranney = l3.d.real_pc_inc_ann = 0

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L2D.klarnerranney - LD.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 2)}{space 1} L2D.klarnerranney - L3D.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 3)}{space 1} L2D.klarnerranney - L2D.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 4)}{space 1} L2D.klarnerranney - L4D.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 5)}{space 1} L2D.klarnerranney - L3D.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 6)}{space 1} L2D.klarnerranney = 0{p_end}

{txt}       F(  6,   106) ={res}    2.05
{txt}{col 13}Prob > F ={res}    0.0647
{txt}
{com}. 
. 
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. 
. 
. 
. *** 3.F: NEW SOUTHERN STATES (N = 5): FULL TIME PERIOD MATCH (4,3) and (1,1) Obs
. 
. //inc (4,3)
. newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney i.state_fips i.year if year >1980 &  newsouth==1, lag(5) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       150
{txt}maximum lag: {res}5{col 49}{txt}F( 41,       108){col 67}= {res}    130.34
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}{col 29}  Newey-West
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1198952{col 29}{space 2} .0472891{col 40}{space 1}   -2.54{col 49}{space 3}0.013{col 57}{space 4}-.2136303{col 70}{space 3}  -.02616
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-2.813749{col 29}{space 2} 1.632103{col 40}{space 1}   -1.72{col 49}{space 3}0.088{col 57}{space 4}-6.048861{col 70}{space 3} .4213625
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .1407994{col 29}{space 2} .1144572{col 40}{space 1}    1.23{col 49}{space 3}0.221{col 57}{space 4}-.0860746{col 70}{space 3} .3676734
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}D1. {c |}{col 17}{res}{space 2}-.7145493{col 29}{space 2}  1.73177{col 40}{space 1}   -0.41{col 49}{space 3}0.681{col 57}{space 4}-4.147217{col 70}{space 3} 2.718119
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .3161076{col 29}{space 2} .0797621{col 40}{space 1}    3.96{col 49}{space 3}0.000{col 57}{space 4} .1580052{col 70}{space 3}   .47421
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} 1.879937{col 29}{space 2} 1.936089{col 40}{space 1}    0.97{col 49}{space 3}0.334{col 57}{space 4}-1.957728{col 70}{space 3} 5.717601
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0676818{col 29}{space 2} .1591663{col 40}{space 1}    0.43{col 49}{space 3}0.672{col 57}{space 4}-.2478135{col 70}{space 3}  .383177
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} 1.022755{col 29}{space 2} 2.271158{col 40}{space 1}    0.45{col 49}{space 3}0.653{col 57}{space 4}-3.479074{col 70}{space 3} 5.524584
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2}-169.0089{col 29}{space 2} 75.22533{col 40}{space 1}   -2.25{col 49}{space 3}0.027{col 57}{space 4}-318.1186{col 70}{space 3}-19.89924
{txt}{space 12}37  {c |}{col 17}{res}{space 2}-173.9196{col 29}{space 2}  83.1746{col 40}{space 1}   -2.09{col 49}{space 3}0.039{col 57}{space 4}-338.7861{col 70}{space 3}-9.053064
{txt}{space 12}48  {c |}{col 17}{res}{space 2}-106.6701{col 29}{space 2}  66.5483{col 40}{space 1}   -1.60{col 49}{space 3}0.112{col 57}{space 4}-238.5804{col 70}{space 3} 25.24019
{txt}{space 12}51  {c |}{col 17}{res}{space 2} 193.6821{col 29}{space 2} 60.83656{col 40}{space 1}    3.18{col 49}{space 3}0.002{col 57}{space 4} 73.09345{col 70}{space 3} 314.2707
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-109.0745{col 29}{space 2} 140.4851{col 40}{space 1}   -0.78{col 49}{space 3}0.439{col 57}{space 4}-387.5404{col 70}{space 3} 169.3914
{txt}{space 10}1983  {c |}{col 17}{res}{space 2} 209.2668{col 29}{space 2} 183.0677{col 40}{space 1}    1.14{col 49}{space 3}0.256{col 57}{space 4}-153.6051{col 70}{space 3} 572.1387
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 487.8318{col 29}{space 2} 146.7485{col 40}{space 1}    3.32{col 49}{space 3}0.001{col 57}{space 4} 196.9508{col 70}{space 3} 778.7129
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 146.7531{col 29}{space 2} 192.3619{col 40}{space 1}    0.76{col 49}{space 3}0.447{col 57}{space 4}-234.5416{col 70}{space 3} 528.0478
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} 119.5008{col 29}{space 2} 166.9969{col 40}{space 1}    0.72{col 49}{space 3}0.476{col 57}{space 4} -211.516{col 70}{space 3} 450.5175
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 48.22125{col 29}{space 2}  150.428{col 40}{space 1}    0.32{col 49}{space 3}0.749{col 57}{space 4} -249.953{col 70}{space 3} 346.3955
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} 316.7065{col 29}{space 2} 162.7373{col 40}{space 1}    1.95{col 49}{space 3}0.054{col 57}{space 4}-5.867085{col 70}{space 3} 639.2801
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 304.2931{col 29}{space 2} 201.7961{col 40}{space 1}    1.51{col 49}{space 3}0.134{col 57}{space 4}-95.70186{col 70}{space 3} 704.2881
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-40.96833{col 29}{space 2} 232.4909{col 40}{space 1}   -0.18{col 49}{space 3}0.860{col 57}{space 4}-501.8057{col 70}{space 3}  419.869
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-85.87674{col 29}{space 2} 178.1964{col 40}{space 1}   -0.48{col 49}{space 3}0.631{col 57}{space 4}-439.0929{col 70}{space 3} 267.3394
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 514.3087{col 29}{space 2} 184.0365{col 40}{space 1}    2.79{col 49}{space 3}0.006{col 57}{space 4} 149.5165{col 70}{space 3} 879.1009
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 369.3114{col 29}{space 2} 242.5242{col 40}{space 1}    1.52{col 49}{space 3}0.131{col 57}{space 4}-111.4137{col 70}{space 3} 850.0365
{txt}{space 10}1994  {c |}{col 17}{res}{space 2} 399.6348{col 29}{space 2} 253.8332{col 40}{space 1}    1.57{col 49}{space 3}0.118{col 57}{space 4}-103.5065{col 70}{space 3} 902.7762
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 467.2754{col 29}{space 2} 217.1481{col 40}{space 1}    2.15{col 49}{space 3}0.034{col 57}{space 4} 36.85021{col 70}{space 3} 897.7006
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 529.8775{col 29}{space 2} 242.7298{col 40}{space 1}    2.18{col 49}{space 3}0.031{col 57}{space 4} 48.74498{col 70}{space 3}  1011.01
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 658.0344{col 29}{space 2} 262.5543{col 40}{space 1}    2.51{col 49}{space 3}0.014{col 57}{space 4} 137.6062{col 70}{space 3} 1178.463
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 958.5708{col 29}{space 2}  265.236{col 40}{space 1}    3.61{col 49}{space 3}0.000{col 57}{space 4} 432.8271{col 70}{space 3} 1484.314
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 606.2358{col 29}{space 2} 298.0201{col 40}{space 1}    2.03{col 49}{space 3}0.044{col 57}{space 4} 15.50827{col 70}{space 3} 1196.963
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 829.8974{col 29}{space 2} 290.0634{col 40}{space 1}    2.86{col 49}{space 3}0.005{col 57}{space 4} 254.9414{col 70}{space 3} 1404.853
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 433.3077{col 29}{space 2} 295.2975{col 40}{space 1}    1.47{col 49}{space 3}0.145{col 57}{space 4}-152.0231{col 70}{space 3} 1018.638
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} 301.7309{col 29}{space 2}  311.683{col 40}{space 1}    0.97{col 49}{space 3}0.335{col 57}{space 4}-316.0788{col 70}{space 3} 919.5407
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 623.4256{col 29}{space 2} 276.8057{col 40}{space 1}    2.25{col 49}{space 3}0.026{col 57}{space 4} 74.74861{col 70}{space 3} 1172.103
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 1073.036{col 29}{space 2} 337.4636{col 40}{space 1}    3.18{col 49}{space 3}0.002{col 57}{space 4} 404.1243{col 70}{space 3} 1741.947
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 973.8832{col 29}{space 2} 393.0706{col 40}{space 1}    2.48{col 49}{space 3}0.015{col 57}{space 4} 194.7492{col 70}{space 3} 1753.017
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 917.0517{col 29}{space 2} 367.1945{col 40}{space 1}    2.50{col 49}{space 3}0.014{col 57}{space 4} 189.2085{col 70}{space 3} 1644.895
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 794.4283{col 29}{space 2} 358.6951{col 40}{space 1}    2.21{col 49}{space 3}0.029{col 57}{space 4} 83.43235{col 70}{space 3} 1505.424
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 480.5292{col 29}{space 2} 458.1192{col 40}{space 1}    1.05{col 49}{space 3}0.297{col 57}{space 4}-427.5425{col 70}{space 3} 1388.601
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-251.8138{col 29}{space 2}  317.071{col 40}{space 1}   -0.79{col 49}{space 3}0.429{col 57}{space 4}-880.3035{col 70}{space 3} 376.6759
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} 952.6187{col 29}{space 2} 320.7638{col 40}{space 1}    2.97{col 49}{space 3}0.004{col 57}{space 4} 316.8092{col 70}{space 3} 1588.428
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 1694.112{col 29}{space 2} 522.4138{col 40}{space 1}    3.24{col 49}{space 3}0.002{col 57}{space 4} 658.5971{col 70}{space 3} 2729.627
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. predict allstates43118110inc
{txt}(option xb assumed; fitted values)
(196 missing values generated)

{com}. 
. reg d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney i.state_fips i.year if year >1980 &  newsouth==1

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       150
{txt}{hline 13}{c +}{hline 34}   F(41, 108)      = {res}    12.97
{txt}       Model {c |} {res}   14402866        41  351289.416   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 2925518.75       108  27088.1365   {txt}R-squared       ={res}    0.8312
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.7671
{txt}       Total {c |} {res} 17328384.8       149  116297.885   {txt}Root MSE        =   {res} 164.58

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1198952{col 29}{space 2} .0368032{col 40}{space 1}   -3.26{col 49}{space 3}0.002{col 57}{space 4}-.1928455{col 70}{space 3}-.0469449
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-2.813749{col 29}{space 2} 1.699119{col 40}{space 1}   -1.66{col 49}{space 3}0.101{col 57}{space 4}-6.181698{col 70}{space 3} .5541992
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .1407994{col 29}{space 2} .0913773{col 40}{space 1}    1.54{col 49}{space 3}0.126{col 57}{space 4}-.0403263{col 70}{space 3} .3219251
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}D1. {c |}{col 17}{res}{space 2}-.7145493{col 29}{space 2} 2.496208{col 40}{space 1}   -0.29{col 49}{space 3}0.775{col 57}{space 4}-5.662466{col 70}{space 3} 4.233367
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .3161076{col 29}{space 2}  .100378{col 40}{space 1}    3.15{col 49}{space 3}0.002{col 57}{space 4}  .117141{col 70}{space 3} .5150743
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} 1.879937{col 29}{space 2} 2.556423{col 40}{space 1}    0.74{col 49}{space 3}0.464{col 57}{space 4}-3.187338{col 70}{space 3} 6.947211
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0676818{col 29}{space 2} .1151967{col 40}{space 1}    0.59{col 49}{space 3}0.558{col 57}{space 4}-.1606581{col 70}{space 3} .2960216
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} 1.022755{col 29}{space 2} 2.494267{col 40}{space 1}    0.41{col 49}{space 3}0.683{col 57}{space 4}-3.921314{col 70}{space 3} 5.966825
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2}-169.0089{col 29}{space 2} 66.11863{col 40}{space 1}   -2.56{col 49}{space 3}0.012{col 57}{space 4}-300.0675{col 70}{space 3} -37.9503
{txt}{space 12}37  {c |}{col 17}{res}{space 2}-173.9196{col 29}{space 2} 70.85809{col 40}{space 1}   -2.45{col 49}{space 3}0.016{col 57}{space 4}-314.3726{col 70}{space 3}-33.46654
{txt}{space 12}48  {c |}{col 17}{res}{space 2}-106.6701{col 29}{space 2} 53.43925{col 40}{space 1}   -2.00{col 49}{space 3}0.048{col 57}{space 4}-212.5959{col 70}{space 3}-.7442162
{txt}{space 12}51  {c |}{col 17}{res}{space 2} 193.6821{col 29}{space 2} 57.60874{col 40}{space 1}    3.36{col 49}{space 3}0.001{col 57}{space 4} 79.49155{col 70}{space 3} 307.8726
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-109.0745{col 29}{space 2} 129.3751{col 40}{space 1}   -0.84{col 49}{space 3}0.401{col 57}{space 4}-365.5183{col 70}{space 3} 147.3693
{txt}{space 10}1983  {c |}{col 17}{res}{space 2} 209.2668{col 29}{space 2} 143.7687{col 40}{space 1}    1.46{col 49}{space 3}0.148{col 57}{space 4} -75.7078{col 70}{space 3} 494.2414
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 487.8318{col 29}{space 2} 135.0929{col 40}{space 1}    3.61{col 49}{space 3}0.000{col 57}{space 4} 220.0542{col 70}{space 3} 755.6095
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 146.7531{col 29}{space 2} 163.2462{col 40}{space 1}    0.90{col 49}{space 3}0.371{col 57}{space 4}-176.8291{col 70}{space 3} 470.3354
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} 119.5008{col 29}{space 2} 145.6589{col 40}{space 1}    0.82{col 49}{space 3}0.414{col 57}{space 4}-169.2205{col 70}{space 3} 408.2221
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 48.22125{col 29}{space 2} 136.7113{col 40}{space 1}    0.35{col 49}{space 3}0.725{col 57}{space 4}-222.7642{col 70}{space 3} 319.2067
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} 316.7065{col 29}{space 2} 147.2422{col 40}{space 1}    2.15{col 49}{space 3}0.034{col 57}{space 4} 24.84691{col 70}{space 3} 608.5661
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 304.2931{col 29}{space 2}  154.996{col 40}{space 1}    1.96{col 49}{space 3}0.052{col 57}{space 4}-2.935749{col 70}{space 3}  611.522
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-40.96833{col 29}{space 2}  172.912{col 40}{space 1}   -0.24{col 49}{space 3}0.813{col 57}{space 4}-383.7099{col 70}{space 3} 301.7733
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-85.87674{col 29}{space 2} 157.9272{col 40}{space 1}   -0.54{col 49}{space 3}0.588{col 57}{space 4}-398.9159{col 70}{space 3} 227.1624
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 514.3087{col 29}{space 2} 156.9938{col 40}{space 1}    3.28{col 49}{space 3}0.001{col 57}{space 4} 203.1199{col 70}{space 3} 825.4976
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 369.3114{col 29}{space 2} 188.6504{col 40}{space 1}    1.96{col 49}{space 3}0.053{col 57}{space 4}-4.626432{col 70}{space 3} 743.2493
{txt}{space 10}1994  {c |}{col 17}{res}{space 2} 399.6348{col 29}{space 2} 196.8993{col 40}{space 1}    2.03{col 49}{space 3}0.045{col 57}{space 4} 9.346276{col 70}{space 3} 789.9234
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 467.2754{col 29}{space 2} 177.5995{col 40}{space 1}    2.63{col 49}{space 3}0.010{col 57}{space 4} 115.2423{col 70}{space 3} 819.3085
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 529.8775{col 29}{space 2} 200.1252{col 40}{space 1}    2.65{col 49}{space 3}0.009{col 57}{space 4} 133.1946{col 70}{space 3} 926.5604
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 658.0344{col 29}{space 2} 204.3333{col 40}{space 1}    3.22{col 49}{space 3}0.002{col 57}{space 4} 253.0103{col 70}{space 3} 1063.059
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 958.5708{col 29}{space 2} 223.2389{col 40}{space 1}    4.29{col 49}{space 3}0.000{col 57}{space 4} 516.0726{col 70}{space 3} 1401.069
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 606.2358{col 29}{space 2} 248.8782{col 40}{space 1}    2.44{col 49}{space 3}0.016{col 57}{space 4} 112.9161{col 70}{space 3} 1099.556
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 829.8974{col 29}{space 2} 248.2832{col 40}{space 1}    3.34{col 49}{space 3}0.001{col 57}{space 4} 337.7571{col 70}{space 3} 1322.038
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 433.3077{col 29}{space 2} 255.1061{col 40}{space 1}    1.70{col 49}{space 3}0.092{col 57}{space 4}-72.35682{col 70}{space 3} 938.9722
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} 301.7309{col 29}{space 2} 259.2549{col 40}{space 1}    1.16{col 49}{space 3}0.247{col 57}{space 4}-212.1573{col 70}{space 3} 815.6192
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 623.4256{col 29}{space 2} 245.8206{col 40}{space 1}    2.54{col 49}{space 3}0.013{col 57}{space 4} 136.1665{col 70}{space 3} 1110.685
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 1073.036{col 29}{space 2} 268.3799{col 40}{space 1}    4.00{col 49}{space 3}0.000{col 57}{space 4} 541.0601{col 70}{space 3} 1605.011
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 973.8832{col 29}{space 2} 293.8757{col 40}{space 1}    3.31{col 49}{space 3}0.001{col 57}{space 4} 391.3706{col 70}{space 3} 1556.396
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 917.0517{col 29}{space 2} 294.1012{col 40}{space 1}    3.12{col 49}{space 3}0.002{col 57}{space 4} 334.0922{col 70}{space 3} 1500.011
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 794.4283{col 29}{space 2} 288.5224{col 40}{space 1}    2.75{col 49}{space 3}0.007{col 57}{space 4} 222.5269{col 70}{space 3}  1366.33
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 480.5292{col 29}{space 2} 293.3636{col 40}{space 1}    1.64{col 49}{space 3}0.104{col 57}{space 4}-100.9682{col 70}{space 3} 1062.027
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-251.8138{col 29}{space 2} 287.6265{col 40}{space 1}   -0.88{col 49}{space 3}0.383{col 57}{space 4}-821.9394{col 70}{space 3} 318.3118
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} 952.6187{col 29}{space 2} 277.2179{col 40}{space 1}    3.44{col 49}{space 3}0.001{col 57}{space 4} 403.1246{col 70}{space 3} 1502.113
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 1694.112{col 29}{space 2} 425.0328{col 40}{space 1}    3.99{col 49}{space 3}0.000{col 57}{space 4}  851.623{col 70}{space 3} 2536.601
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. 
. predict allstates43118110incols
{txt}(option {bf:xb} assumed; fitted values)
(196 missing values generated)

{com}. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       150{col 27}-1087.132{col 38}-953.7168{col 49}    42{col 58} 1991.434{col 69}  2117.88
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. //pc (4,3)
. 
. newey d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann i.state_fips i.year if year >1980 &  newsouth==1, lag(5) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       150
{txt}maximum lag: {res}5{col 49}{txt}F( 41,       108){col 67}= {res}      5.80
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}  Newey-West
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1483981{col 29}{space 2} .0569978{col 40}{space 1}   -2.60{col 49}{space 3}0.011{col 57}{space 4}-.2613776{col 70}{space 3}-.0354186
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0024561{col 29}{space 2} .0010778{col 40}{space 1}    2.28{col 49}{space 3}0.025{col 57}{space 4} .0003197{col 70}{space 3} .0045926
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-.0452879{col 29}{space 2} .0785156{col 40}{space 1}   -0.58{col 49}{space 3}0.565{col 57}{space 4}-.2009195{col 70}{space 3} .1103437
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} -.001198{col 29}{space 2} .0025894{col 40}{space 1}   -0.46{col 49}{space 3}0.645{col 57}{space 4}-.0063306{col 70}{space 3} .0039345
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0597555{col 29}{space 2} .1126763{col 40}{space 1}   -0.53{col 49}{space 3}0.597{col 57}{space 4}-.2830995{col 70}{space 3} .1635885
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0034959{col 29}{space 2} .0027791{col 40}{space 1}    1.26{col 49}{space 3}0.211{col 57}{space 4}-.0020127{col 70}{space 3} .0090045
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} -.132937{col 29}{space 2} .0822149{col 40}{space 1}   -1.62{col 49}{space 3}0.109{col 57}{space 4}-.2959013{col 70}{space 3} .0300273
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0045565{col 29}{space 2} .0031754{col 40}{space 1}   -1.43{col 49}{space 3}0.154{col 57}{space 4}-.0108508{col 70}{space 3} .0017377
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2} 2.498831{col 29}{space 2} 2.544665{col 40}{space 1}    0.98{col 49}{space 3}0.328{col 57}{space 4}-2.545137{col 70}{space 3} 7.542799
{txt}{space 12}37  {c |}{col 17}{res}{space 2} 4.668028{col 29}{space 2} 2.468541{col 40}{space 1}    1.89{col 49}{space 3}0.061{col 57}{space 4}-.2250473{col 70}{space 3} 9.561104
{txt}{space 12}48  {c |}{col 17}{res}{space 2} 3.402426{col 29}{space 2} 1.760924{col 40}{space 1}    1.93{col 49}{space 3}0.056{col 57}{space 4}-.0880302{col 70}{space 3} 6.892882
{txt}{space 12}51  {c |}{col 17}{res}{space 2}-.8658055{col 29}{space 2} 1.947055{col 40}{space 1}   -0.44{col 49}{space 3}0.657{col 57}{space 4}-4.725207{col 70}{space 3} 2.993596
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-7.815864{col 29}{space 2} 4.938678{col 40}{space 1}   -1.58{col 49}{space 3}0.116{col 57}{space 4}-17.60518{col 70}{space 3} 1.973453
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-13.89063{col 29}{space 2} 5.463932{col 40}{space 1}   -2.54{col 49}{space 3}0.012{col 57}{space 4}-24.72109{col 70}{space 3} -3.06017
{txt}{space 10}1984  {c |}{col 17}{res}{space 2}-10.59527{col 29}{space 2}  3.93936{col 40}{space 1}   -2.69{col 49}{space 3}0.008{col 57}{space 4}-18.40377{col 70}{space 3}-2.786776
{txt}{space 10}1985  {c |}{col 17}{res}{space 2}-2.329911{col 29}{space 2} 5.257766{col 40}{space 1}   -0.44{col 49}{space 3}0.659{col 57}{space 4}-12.75172{col 70}{space 3} 8.091893
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}-10.01957{col 29}{space 2} 4.567471{col 40}{space 1}   -2.19{col 49}{space 3}0.030{col 57}{space 4}-19.07309{col 70}{space 3}-.9660537
{txt}{space 10}1987  {c |}{col 17}{res}{space 2}-8.200719{col 29}{space 2} 5.281803{col 40}{space 1}   -1.55{col 49}{space 3}0.123{col 57}{space 4}-18.67017{col 70}{space 3} 2.268731
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}-9.357067{col 29}{space 2} 4.404909{col 40}{space 1}   -2.12{col 49}{space 3}0.036{col 57}{space 4}-18.08836{col 70}{space 3}-.6257741
{txt}{space 10}1989  {c |}{col 17}{res}{space 2}-6.257158{col 29}{space 2}   5.1601{col 40}{space 1}   -1.21{col 49}{space 3}0.228{col 57}{space 4}-16.48537{col 70}{space 3} 3.971055
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-10.86648{col 29}{space 2} 5.016981{col 40}{space 1}   -2.17{col 49}{space 3}0.033{col 57}{space 4}-20.81101{col 70}{space 3} -.921955
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-12.19183{col 29}{space 2} 4.540137{col 40}{space 1}   -2.69{col 49}{space 3}0.008{col 57}{space 4}-21.19117{col 70}{space 3}-3.192495
{txt}{space 10}1992  {c |}{col 17}{res}{space 2}-5.668643{col 29}{space 2} 5.990644{col 40}{space 1}   -0.95{col 49}{space 3}0.346{col 57}{space 4}-17.54314{col 70}{space 3} 6.205852
{txt}{space 10}1993  {c |}{col 17}{res}{space 2}-7.271169{col 29}{space 2} 5.737269{col 40}{space 1}   -1.27{col 49}{space 3}0.208{col 57}{space 4}-18.64343{col 70}{space 3} 4.101094
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}-8.225642{col 29}{space 2} 5.280414{col 40}{space 1}   -1.56{col 49}{space 3}0.122{col 57}{space 4}-18.69234{col 70}{space 3} 2.241054
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 2.764828{col 29}{space 2} 8.484858{col 40}{space 1}    0.33{col 49}{space 3}0.745{col 57}{space 4}-14.05363{col 70}{space 3} 19.58329
{txt}{space 10}1996  {c |}{col 17}{res}{space 2}-7.701406{col 29}{space 2} 6.254241{col 40}{space 1}   -1.23{col 49}{space 3}0.221{col 57}{space 4} -20.0984{col 70}{space 3} 4.695586
{txt}{space 10}1997  {c |}{col 17}{res}{space 2}-7.901976{col 29}{space 2} 7.177109{col 40}{space 1}   -1.10{col 49}{space 3}0.273{col 57}{space 4}-22.12825{col 70}{space 3}   6.3243
{txt}{space 10}1998  {c |}{col 17}{res}{space 2}-9.265275{col 29}{space 2} 7.445321{col 40}{space 1}   -1.24{col 49}{space 3}0.216{col 57}{space 4}-24.02319{col 70}{space 3} 5.492644
{txt}{space 10}1999  {c |}{col 17}{res}{space 2}-19.45159{col 29}{space 2} 8.868245{col 40}{space 1}   -2.19{col 49}{space 3}0.030{col 57}{space 4}-37.02999{col 70}{space 3}-1.873189
{txt}{space 10}2000  {c |}{col 17}{res}{space 2}-12.93995{col 29}{space 2} 7.913019{col 40}{space 1}   -1.64{col 49}{space 3}0.105{col 57}{space 4}-28.62492{col 70}{space 3} 2.745029
{txt}{space 10}2001  {c |}{col 17}{res}{space 2}-17.89669{col 29}{space 2} 8.673252{col 40}{space 1}   -2.06{col 49}{space 3}0.041{col 57}{space 4}-35.08858{col 70}{space 3}-.7048038
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}-17.92244{col 29}{space 2} 7.760136{col 40}{space 1}   -2.31{col 49}{space 3}0.023{col 57}{space 4}-33.30438{col 70}{space 3}-2.540506
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} -16.9008{col 29}{space 2} 9.708463{col 40}{space 1}   -1.74{col 49}{space 3}0.085{col 57}{space 4}-36.14466{col 70}{space 3} 2.343058
{txt}{space 10}2004  {c |}{col 17}{res}{space 2}-17.48601{col 29}{space 2} 7.959148{col 40}{space 1}   -2.20{col 49}{space 3}0.030{col 57}{space 4}-33.26242{col 70}{space 3}-1.709602
{txt}{space 10}2005  {c |}{col 17}{res}{space 2}-22.23589{col 29}{space 2} 9.002318{col 40}{space 1}   -2.47{col 49}{space 3}0.015{col 57}{space 4}-40.08004{col 70}{space 3}-4.391731
{txt}{space 10}2006  {c |}{col 17}{res}{space 2}-18.42244{col 29}{space 2} 9.094439{col 40}{space 1}   -2.03{col 49}{space 3}0.045{col 57}{space 4}-36.44919{col 70}{space 3}-.3956797
{txt}{space 10}2007  {c |}{col 17}{res}{space 2}-20.41966{col 29}{space 2} 9.094551{col 40}{space 1}   -2.25{col 49}{space 3}0.027{col 57}{space 4}-38.44664{col 70}{space 3}-2.392685
{txt}{space 10}2008  {c |}{col 17}{res}{space 2}-17.51447{col 29}{space 2} 9.054758{col 40}{space 1}   -1.93{col 49}{space 3}0.056{col 57}{space 4}-35.46258{col 70}{space 3} .4336266
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-18.53967{col 29}{space 2} 9.062305{col 40}{space 1}   -2.05{col 49}{space 3}0.043{col 57}{space 4}-36.50272{col 70}{space 3}-.5766053
{txt}{space 10}2010  {c |}{col 17}{res}{space 2}-20.89144{col 29}{space 2}  8.52845{col 40}{space 1}   -2.45{col 49}{space 3}0.016{col 57}{space 4}-37.79631{col 70}{space 3}-3.986569
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-14.11448{col 29}{space 2} 14.63908{col 40}{space 1}   -0.96{col 49}{space 3}0.337{col 57}{space 4}-43.13167{col 70}{space 3} 14.90271
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. predict allstates43118110pc
{txt}(option xb assumed; fitted values)
(196 missing values generated)

{com}. 
. reg d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann i.state_fips i.year if year >1980 &  newsouth==1

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       150
{txt}{hline 13}{c +}{hline 34}   F(41, 108)      = {res}     2.39
{txt}       Model {c |} {res} 3913.73306        41   95.456904   {txt}Prob > F        ={res}    0.0002
{txt}    Residual {c |} {res}   4311.316       108  39.9195926   {txt}R-squared       ={res}    0.4758
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.2768
{txt}       Total {c |} {res} 8225.04907       149  55.2016716   {txt}Root MSE        =   {res} 6.3182

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1483981{col 29}{space 2} .0662343{col 40}{space 1}   -2.24{col 49}{space 3}0.027{col 57}{space 4}-.2796859{col 70}{space 3}-.0171103
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0024561{col 29}{space 2} .0013886{col 40}{space 1}    1.77{col 49}{space 3}0.080{col 57}{space 4}-.0002963{col 70}{space 3} .0052086
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-.0452879{col 29}{space 2} .1007187{col 40}{space 1}   -0.45{col 49}{space 3}0.654{col 57}{space 4}-.2449298{col 70}{space 3}  .154354
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} -.001198{col 29}{space 2} .0036866{col 40}{space 1}   -0.32{col 49}{space 3}0.746{col 57}{space 4}-.0085056{col 70}{space 3} .0061095
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0597555{col 29}{space 2} .0977029{col 40}{space 1}   -0.61{col 49}{space 3}0.542{col 57}{space 4}-.2534197{col 70}{space 3} .1339087
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0034959{col 29}{space 2} .0034903{col 40}{space 1}    1.00{col 49}{space 3}0.319{col 57}{space 4}-.0034225{col 70}{space 3} .0104143
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} -.132937{col 29}{space 2} .0957994{col 40}{space 1}   -1.39{col 49}{space 3}0.168{col 57}{space 4}-.3228281{col 70}{space 3} .0569541
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0045565{col 29}{space 2} .0039311{col 40}{space 1}   -1.16{col 49}{space 3}0.249{col 57}{space 4}-.0123486{col 70}{space 3} .0032356
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2} 2.498831{col 29}{space 2} 2.675025{col 40}{space 1}    0.93{col 49}{space 3}0.352{col 57}{space 4}-2.803533{col 70}{space 3} 7.801195
{txt}{space 12}37  {c |}{col 17}{res}{space 2} 4.668028{col 29}{space 2} 2.777625{col 40}{space 1}    1.68{col 49}{space 3}0.096{col 57}{space 4}-.8377058{col 70}{space 3} 10.17376
{txt}{space 12}48  {c |}{col 17}{res}{space 2} 3.402426{col 29}{space 2} 2.081561{col 40}{space 1}    1.63{col 49}{space 3}0.105{col 57}{space 4}-.7235884{col 70}{space 3} 7.528441
{txt}{space 12}51  {c |}{col 17}{res}{space 2}-.8658055{col 29}{space 2} 2.285077{col 40}{space 1}   -0.38{col 49}{space 3}0.706{col 57}{space 4}-5.395225{col 70}{space 3} 3.663614
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-7.815864{col 29}{space 2} 4.369991{col 40}{space 1}   -1.79{col 49}{space 3}0.076{col 57}{space 4}-16.47794{col 70}{space 3} .8462162
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-13.89063{col 29}{space 2} 4.245344{col 40}{space 1}   -3.27{col 49}{space 3}0.001{col 57}{space 4}-22.30564{col 70}{space 3}-5.475624
{txt}{space 10}1984  {c |}{col 17}{res}{space 2}-10.59527{col 29}{space 2} 5.014597{col 40}{space 1}   -2.11{col 49}{space 3}0.037{col 57}{space 4}-20.53507{col 70}{space 3}-.6554705
{txt}{space 10}1985  {c |}{col 17}{res}{space 2}-2.329911{col 29}{space 2} 5.367245{col 40}{space 1}   -0.43{col 49}{space 3}0.665{col 57}{space 4}-12.96872{col 70}{space 3}   8.3089
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}-10.01957{col 29}{space 2} 5.384667{col 40}{space 1}   -1.86{col 49}{space 3}0.065{col 57}{space 4}-20.69292{col 70}{space 3} .6537711
{txt}{space 10}1987  {c |}{col 17}{res}{space 2}-8.200719{col 29}{space 2} 5.190514{col 40}{space 1}   -1.58{col 49}{space 3}0.117{col 57}{space 4}-18.48922{col 70}{space 3} 2.087781
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}-9.357067{col 29}{space 2} 5.357861{col 40}{space 1}   -1.75{col 49}{space 3}0.084{col 57}{space 4}-19.97728{col 70}{space 3} 1.263143
{txt}{space 10}1989  {c |}{col 17}{res}{space 2}-6.257158{col 29}{space 2} 5.765395{col 40}{space 1}   -1.09{col 49}{space 3}0.280{col 57}{space 4}-17.68517{col 70}{space 3} 5.170855
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-10.86648{col 29}{space 2} 5.874603{col 40}{space 1}   -1.85{col 49}{space 3}0.067{col 57}{space 4}-22.51096{col 70}{space 3} .7780001
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-12.19183{col 29}{space 2} 5.761595{col 40}{space 1}   -2.12{col 49}{space 3}0.037{col 57}{space 4}-23.61232{col 70}{space 3}-.7713537
{txt}{space 10}1992  {c |}{col 17}{res}{space 2}-5.668643{col 29}{space 2} 6.009098{col 40}{space 1}   -0.94{col 49}{space 3}0.348{col 57}{space 4}-17.57972{col 70}{space 3} 6.242432
{txt}{space 10}1993  {c |}{col 17}{res}{space 2}-7.271169{col 29}{space 2}  6.42928{col 40}{space 1}   -1.13{col 49}{space 3}0.261{col 57}{space 4}-20.01512{col 70}{space 3} 5.472779
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}-8.225642{col 29}{space 2} 6.295962{col 40}{space 1}   -1.31{col 49}{space 3}0.194{col 57}{space 4}-20.70533{col 70}{space 3} 4.254046
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 2.764828{col 29}{space 2} 6.652979{col 40}{space 1}    0.42{col 49}{space 3}0.679{col 57}{space 4}-10.42253{col 70}{space 3} 15.95219
{txt}{space 10}1996  {c |}{col 17}{res}{space 2}-7.701406{col 29}{space 2} 7.181565{col 40}{space 1}   -1.07{col 49}{space 3}0.286{col 57}{space 4}-21.93651{col 70}{space 3} 6.533702
{txt}{space 10}1997  {c |}{col 17}{res}{space 2}-7.901976{col 29}{space 2} 7.728215{col 40}{space 1}   -1.02{col 49}{space 3}0.309{col 57}{space 4}-23.22064{col 70}{space 3} 7.416688
{txt}{space 10}1998  {c |}{col 17}{res}{space 2}-9.265275{col 29}{space 2} 8.650884{col 40}{space 1}   -1.07{col 49}{space 3}0.287{col 57}{space 4}-26.41283{col 70}{space 3} 7.882279
{txt}{space 10}1999  {c |}{col 17}{res}{space 2}-19.45159{col 29}{space 2} 9.222662{col 40}{space 1}   -2.11{col 49}{space 3}0.037{col 57}{space 4} -37.7325{col 70}{space 3}-1.170673
{txt}{space 10}2000  {c |}{col 17}{res}{space 2}-12.93995{col 29}{space 2} 9.624827{col 40}{space 1}   -1.34{col 49}{space 3}0.182{col 57}{space 4}-32.01803{col 70}{space 3}  6.13813
{txt}{space 10}2001  {c |}{col 17}{res}{space 2}-17.89669{col 29}{space 2} 9.872745{col 40}{space 1}   -1.81{col 49}{space 3}0.073{col 57}{space 4}-37.46619{col 70}{space 3} 1.672799
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}-17.92244{col 29}{space 2} 9.647302{col 40}{space 1}   -1.86{col 49}{space 3}0.066{col 57}{space 4}-37.04507{col 70}{space 3} 1.200184
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} -16.9008{col 29}{space 2}  9.65154{col 40}{space 1}   -1.75{col 49}{space 3}0.083{col 57}{space 4}-36.03183{col 70}{space 3} 2.230228
{txt}{space 10}2004  {c |}{col 17}{res}{space 2}-17.48601{col 29}{space 2} 10.22572{col 40}{space 1}   -1.71{col 49}{space 3}0.090{col 57}{space 4}-37.75517{col 70}{space 3} 2.783147
{txt}{space 10}2005  {c |}{col 17}{res}{space 2}-22.23589{col 29}{space 2}  10.4689{col 40}{space 1}   -2.12{col 49}{space 3}0.036{col 57}{space 4}-42.98707{col 70}{space 3}-1.484707
{txt}{space 10}2006  {c |}{col 17}{res}{space 2}-18.42244{col 29}{space 2} 10.59559{col 40}{space 1}   -1.74{col 49}{space 3}0.085{col 57}{space 4}-39.42474{col 70}{space 3} 2.579869
{txt}{space 10}2007  {c |}{col 17}{res}{space 2}-20.41966{col 29}{space 2} 10.91653{col 40}{space 1}   -1.87{col 49}{space 3}0.064{col 57}{space 4}-42.05813{col 70}{space 3}   1.2188
{txt}{space 10}2008  {c |}{col 17}{res}{space 2}-17.51447{col 29}{space 2} 10.89042{col 40}{space 1}   -1.61{col 49}{space 3}0.111{col 57}{space 4}-39.10118{col 70}{space 3} 4.072236
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-18.53967{col 29}{space 2}  10.6864{col 40}{space 1}   -1.73{col 49}{space 3}0.086{col 57}{space 4}-39.72197{col 70}{space 3} 2.642635
{txt}{space 10}2010  {c |}{col 17}{res}{space 2}-20.89144{col 29}{space 2} 10.83916{col 40}{space 1}   -1.93{col 49}{space 3}0.057{col 57}{space 4}-42.37653{col 70}{space 3} .5936603
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-14.11448{col 29}{space 2} 17.38131{col 40}{space 1}   -0.81{col 49}{space 3}0.419{col 57}{space 4}-48.56726{col 70}{space 3}  20.3383
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. 
. predict allstates43118110pcols
{txt}(option {bf:xb} assumed; fitted values)
(196 missing values generated)

{com}. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       150{col 27}-513.1636{col 38} -464.718{col 49}    42{col 58} 1013.436{col 69} 1139.883
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. //reduced (1,1) to (4,3)
. //inc
. newey d.real_pc_inc_ann l.real_pc_inc_ann l.klarnerranney d.klarnerranney i.state_fips i.year if allstates43118110inc!=. & year >1980 &  newsouth==1, lag(5) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       150
{txt}maximum lag: {res}5{col 49}{txt}F( 36,       113){col 67}= {res}     88.94
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}{col 29}  Newey-West
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.0579071{col 29}{space 2} .0371794{col 40}{space 1}   -1.56{col 49}{space 3}0.122{col 57}{space 4}-.1315663{col 70}{space 3}  .015752
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-3.752242{col 29}{space 2} 1.597948{col 40}{space 1}   -2.35{col 49}{space 3}0.021{col 57}{space 4}-6.918065{col 70}{space 3}-.5864195
{txt}{space 12}D1. {c |}{col 17}{res}{space 2}-1.642779{col 29}{space 2} 1.956267{col 40}{space 1}   -0.84{col 49}{space 3}0.403{col 57}{space 4}-5.518498{col 70}{space 3} 2.232939
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2}-112.8123{col 29}{space 2} 70.17179{col 40}{space 1}   -1.61{col 49}{space 3}0.111{col 57}{space 4}-251.8352{col 70}{space 3}  26.2107
{txt}{space 12}37  {c |}{col 17}{res}{space 2}-84.94909{col 29}{space 2} 76.10436{col 40}{space 1}   -1.12{col 49}{space 3}0.267{col 57}{space 4}-235.7256{col 70}{space 3} 65.82738
{txt}{space 12}48  {c |}{col 17}{res}{space 2}-55.73193{col 29}{space 2}  82.4899{col 40}{space 1}   -0.68{col 49}{space 3}0.501{col 57}{space 4}-219.1593{col 70}{space 3} 107.6954
{txt}{space 12}51  {c |}{col 17}{res}{space 2}  164.062{col 29}{space 2} 66.06879{col 40}{space 1}    2.48{col 49}{space 3}0.014{col 57}{space 4} 33.16785{col 70}{space 3} 294.9562
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-138.8903{col 29}{space 2} 104.6324{col 40}{space 1}   -1.33{col 49}{space 3}0.187{col 57}{space 4}-346.1859{col 70}{space 3} 68.40526
{txt}{space 10}1983  {c |}{col 17}{res}{space 2} 245.9201{col 29}{space 2} 158.4654{col 40}{space 1}    1.55{col 49}{space 3}0.123{col 57}{space 4}-68.02849{col 70}{space 3} 559.8687
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 500.1532{col 29}{space 2} 125.1754{col 40}{space 1}    4.00{col 49}{space 3}0.000{col 57}{space 4} 252.1583{col 70}{space 3} 748.1482
{txt}{space 10}1985  {c |}{col 17}{res}{space 2}  278.845{col 29}{space 2} 112.5327{col 40}{space 1}    2.48{col 49}{space 3}0.015{col 57}{space 4} 55.89746{col 70}{space 3} 501.7925
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} 320.2966{col 29}{space 2}  161.363{col 40}{space 1}    1.98{col 49}{space 3}0.050{col 57}{space 4} .6073867{col 70}{space 3} 639.9859
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 148.8964{col 29}{space 2} 136.4138{col 40}{space 1}    1.09{col 49}{space 3}0.277{col 57}{space 4}-121.3639{col 70}{space 3} 419.1567
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} 354.0452{col 29}{space 2} 129.9267{col 40}{space 1}    2.72{col 49}{space 3}0.007{col 57}{space 4}  96.6371{col 70}{space 3} 611.4534
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 286.0091{col 29}{space 2} 153.9608{col 40}{space 1}    1.86{col 49}{space 3}0.066{col 57}{space 4}  -19.015{col 70}{space 3} 591.0333
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-33.56104{col 29}{space 2} 180.8377{col 40}{space 1}   -0.19{col 49}{space 3}0.853{col 57}{space 4}-391.8332{col 70}{space 3} 324.7111
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-148.0081{col 29}{space 2} 150.6186{col 40}{space 1}   -0.98{col 49}{space 3}0.328{col 57}{space 4}-446.4106{col 70}{space 3} 150.3944
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 325.5284{col 29}{space 2} 155.8003{col 40}{space 1}    2.09{col 49}{space 3}0.039{col 57}{space 4} 16.85986{col 70}{space 3} 634.1968
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 188.3408{col 29}{space 2} 152.9742{col 40}{space 1}    1.23{col 49}{space 3}0.221{col 57}{space 4}-114.7288{col 70}{space 3} 491.4103
{txt}{space 10}1994  {c |}{col 17}{res}{space 2} 342.2765{col 29}{space 2} 160.6387{col 40}{space 1}    2.13{col 49}{space 3}0.035{col 57}{space 4} 24.02219{col 70}{space 3} 660.5309
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 395.7562{col 29}{space 2} 177.0725{col 40}{space 1}    2.23{col 49}{space 3}0.027{col 57}{space 4} 44.94355{col 70}{space 3} 746.5688
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 492.4945{col 29}{space 2} 192.1495{col 40}{space 1}    2.56{col 49}{space 3}0.012{col 57}{space 4} 111.8118{col 70}{space 3} 873.1772
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 611.9121{col 29}{space 2} 214.1179{col 40}{space 1}    2.86{col 49}{space 3}0.005{col 57}{space 4} 187.7061{col 70}{space 3} 1036.118
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 907.5794{col 29}{space 2} 206.3197{col 40}{space 1}    4.40{col 49}{space 3}0.000{col 57}{space 4} 498.8229{col 70}{space 3} 1316.336
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 578.5311{col 29}{space 2} 227.0841{col 40}{space 1}    2.55{col 49}{space 3}0.012{col 57}{space 4} 128.6366{col 70}{space 3} 1028.426
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 811.2276{col 29}{space 2} 241.0436{col 40}{space 1}    3.37{col 49}{space 3}0.001{col 57}{space 4} 333.6767{col 70}{space 3} 1288.778
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 322.6291{col 29}{space 2} 258.0544{col 40}{space 1}    1.25{col 49}{space 3}0.214{col 57}{space 4}-188.6232{col 70}{space 3} 833.8814
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} 167.6083{col 29}{space 2} 251.8742{col 40}{space 1}    0.67{col 49}{space 3}0.507{col 57}{space 4}   -331.4{col 70}{space 3} 666.6166
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 323.1355{col 29}{space 2} 238.4338{col 40}{space 1}    1.36{col 49}{space 3}0.178{col 57}{space 4}-149.2449{col 70}{space 3} 795.5159
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 713.2805{col 29}{space 2} 254.8671{col 40}{space 1}    2.80{col 49}{space 3}0.006{col 57}{space 4} 208.3427{col 70}{space 3} 1218.218
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 686.1677{col 29}{space 2} 265.4221{col 40}{space 1}    2.59{col 49}{space 3}0.011{col 57}{space 4} 160.3186{col 70}{space 3} 1212.017
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 728.8141{col 29}{space 2} 281.2981{col 40}{space 1}    2.59{col 49}{space 3}0.011{col 57}{space 4} 171.5119{col 70}{space 3} 1286.116
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 598.6939{col 29}{space 2} 278.1218{col 40}{space 1}    2.15{col 49}{space 3}0.033{col 57}{space 4} 47.68438{col 70}{space 3} 1149.703
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 257.8965{col 29}{space 2} 363.8473{col 40}{space 1}    0.71{col 49}{space 3}0.480{col 57}{space 4}-462.9506{col 70}{space 3} 978.7435
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-557.5885{col 29}{space 2} 270.5833{col 40}{space 1}   -2.06{col 49}{space 3}0.042{col 57}{space 4}-1093.663{col 70}{space 3}-21.51406
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} 459.4819{col 29}{space 2} 263.8522{col 40}{space 1}    1.74{col 49}{space 3}0.084{col 57}{space 4}-63.25686{col 70}{space 3} 982.2206
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 1014.637{col 29}{space 2} 460.4915{col 40}{space 1}    2.20{col 49}{space 3}0.030{col 57}{space 4} 102.3207{col 70}{space 3} 1926.954
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. reg d.real_pc_inc_ann l.real_pc_inc_ann l.klarnerranney d.klarnerranney i.state_fips i.year if allstates43118110incols!=. & year >1980 &  newsouth==1

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       150
{txt}{hline 13}{c +}{hline 34}   F(36, 113)      = {res}    12.78
{txt}       Model {c |} {res} 13911518.3        36  386431.065   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 3416866.45       113  30237.7562   {txt}R-squared       ={res}    0.8028
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.7400
{txt}       Total {c |} {res} 17328384.8       149  116297.885   {txt}Root MSE        =   {res} 173.89

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.0579071{col 29}{space 2}  .033452{col 40}{space 1}   -1.73{col 49}{space 3}0.086{col 57}{space 4}-.1241816{col 70}{space 3} .0083673
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-3.752242{col 29}{space 2} 1.579005{col 40}{space 1}   -2.38{col 49}{space 3}0.019{col 57}{space 4}-6.880536{col 70}{space 3} -.623948
{txt}{space 12}D1. {c |}{col 17}{res}{space 2}-1.642779{col 29}{space 2} 2.592046{col 40}{space 1}   -0.63{col 49}{space 3}0.528{col 57}{space 4} -6.77809{col 70}{space 3} 3.492532
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2}-112.8123{col 29}{space 2} 63.83695{col 40}{space 1}   -1.77{col 49}{space 3}0.080{col 57}{space 4}-239.2848{col 70}{space 3} 13.66025
{txt}{space 12}37  {c |}{col 17}{res}{space 2}-84.94909{col 29}{space 2} 67.88228{col 40}{space 1}   -1.25{col 49}{space 3}0.213{col 57}{space 4}-219.4361{col 70}{space 3} 49.53795
{txt}{space 12}48  {c |}{col 17}{res}{space 2}-55.73193{col 29}{space 2} 53.68159{col 40}{space 1}   -1.04{col 49}{space 3}0.301{col 57}{space 4}-162.0849{col 70}{space 3} 50.62098
{txt}{space 12}51  {c |}{col 17}{res}{space 2}  164.062{col 29}{space 2} 59.22469{col 40}{space 1}    2.77{col 49}{space 3}0.007{col 57}{space 4} 46.72725{col 70}{space 3} 281.3969
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-138.8903{col 29}{space 2} 112.0725{col 40}{space 1}   -1.24{col 49}{space 3}0.218{col 57}{space 4}-360.9262{col 70}{space 3}  83.1455
{txt}{space 10}1983  {c |}{col 17}{res}{space 2} 245.9201{col 29}{space 2} 117.7156{col 40}{space 1}    2.09{col 49}{space 3}0.039{col 57}{space 4} 12.70436{col 70}{space 3} 479.1359
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 500.1532{col 29}{space 2} 114.7458{col 40}{space 1}    4.36{col 49}{space 3}0.000{col 57}{space 4}  272.821{col 70}{space 3} 727.4854
{txt}{space 10}1985  {c |}{col 17}{res}{space 2}  278.845{col 29}{space 2} 118.2203{col 40}{space 1}    2.36{col 49}{space 3}0.020{col 57}{space 4} 44.62918{col 70}{space 3} 513.0608
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} 320.2966{col 29}{space 2} 127.6272{col 40}{space 1}    2.51{col 49}{space 3}0.014{col 57}{space 4} 67.44405{col 70}{space 3} 573.1492
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 148.8964{col 29}{space 2} 132.7569{col 40}{space 1}    1.12{col 49}{space 3}0.264{col 57}{space 4}-114.1191{col 70}{space 3} 411.9119
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} 354.0452{col 29}{space 2} 138.0723{col 40}{space 1}    2.56{col 49}{space 3}0.012{col 57}{space 4} 80.49918{col 70}{space 3} 627.5913
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 286.0091{col 29}{space 2} 143.2101{col 40}{space 1}    2.00{col 49}{space 3}0.048{col 57}{space 4} 2.284093{col 70}{space 3} 569.7342
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-33.56104{col 29}{space 2} 152.8618{col 40}{space 1}   -0.22{col 49}{space 3}0.827{col 57}{space 4}-336.4078{col 70}{space 3} 269.2857
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-148.0081{col 29}{space 2} 152.1751{col 40}{space 1}   -0.97{col 49}{space 3}0.333{col 57}{space 4}-449.4945{col 70}{space 3} 153.4783
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 325.5284{col 29}{space 2} 145.6175{col 40}{space 1}    2.24{col 49}{space 3}0.027{col 57}{space 4} 37.03373{col 70}{space 3}  614.023
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 188.3408{col 29}{space 2} 153.4971{col 40}{space 1}    1.23{col 49}{space 3}0.222{col 57}{space 4}-115.7647{col 70}{space 3} 492.4463
{txt}{space 10}1994  {c |}{col 17}{res}{space 2} 342.2765{col 29}{space 2} 159.8961{col 40}{space 1}    2.14{col 49}{space 3}0.034{col 57}{space 4} 25.49359{col 70}{space 3} 659.0594
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 395.7562{col 29}{space 2} 165.8409{col 40}{space 1}    2.39{col 49}{space 3}0.019{col 57}{space 4} 67.19535{col 70}{space 3}  724.317
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 492.4945{col 29}{space 2} 179.9267{col 40}{space 1}    2.74{col 49}{space 3}0.007{col 57}{space 4} 136.0272{col 70}{space 3} 848.9618
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 611.9121{col 29}{space 2} 186.8997{col 40}{space 1}    3.27{col 49}{space 3}0.001{col 57}{space 4} 241.6302{col 70}{space 3} 982.1941
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 907.5794{col 29}{space 2} 197.5634{col 40}{space 1}    4.59{col 49}{space 3}0.000{col 57}{space 4} 516.1708{col 70}{space 3} 1298.988
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 578.5311{col 29}{space 2} 215.9797{col 40}{space 1}    2.68{col 49}{space 3}0.008{col 57}{space 4} 150.6364{col 70}{space 3} 1006.426
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 811.2276{col 29}{space 2} 218.7744{col 40}{space 1}    3.71{col 49}{space 3}0.000{col 57}{space 4}  377.796{col 70}{space 3} 1244.659
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 322.6291{col 29}{space 2} 233.1583{col 40}{space 1}    1.38{col 49}{space 3}0.169{col 57}{space 4}-139.2996{col 70}{space 3} 784.5578
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} 167.6083{col 29}{space 2} 234.1824{col 40}{space 1}    0.72{col 49}{space 3}0.476{col 57}{space 4}-296.3493{col 70}{space 3}  631.566
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 323.1355{col 29}{space 2} 228.6009{col 40}{space 1}    1.41{col 49}{space 3}0.160{col 57}{space 4}-129.7642{col 70}{space 3} 776.0351
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 713.2805{col 29}{space 2} 229.2104{col 40}{space 1}    3.11{col 49}{space 3}0.002{col 57}{space 4} 259.1734{col 70}{space 3} 1167.388
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 686.1677{col 29}{space 2}  242.119{col 40}{space 1}    2.83{col 49}{space 3}0.005{col 57}{space 4} 206.4863{col 70}{space 3} 1165.849
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 728.8141{col 29}{space 2} 250.5539{col 40}{space 1}    2.91{col 49}{space 3}0.004{col 57}{space 4} 232.4216{col 70}{space 3} 1225.207
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 598.6939{col 29}{space 2} 262.5266{col 40}{space 1}    2.28{col 49}{space 3}0.024{col 57}{space 4} 78.58137{col 70}{space 3} 1118.806
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 257.8965{col 29}{space 2} 268.5631{col 40}{space 1}    0.96{col 49}{space 3}0.339{col 57}{space 4}-274.1755{col 70}{space 3} 789.9684
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-557.5885{col 29}{space 2} 267.1536{col 40}{space 1}   -2.09{col 49}{space 3}0.039{col 57}{space 4}-1086.868{col 70}{space 3}-28.30908
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} 459.4819{col 29}{space 2} 244.1383{col 40}{space 1}    1.88{col 49}{space 3}0.062{col 57}{space 4} -24.2001{col 70}{space 3} 943.1638
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 1014.637{col 29}{space 2} 404.0283{col 40}{space 1}    2.51{col 49}{space 3}0.013{col 57}{space 4} 214.1843{col 70}{space 3}  1815.09
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       150{col 27}-1087.132{col 38}-965.3607{col 49}    37{col 58} 2004.721{col 69} 2116.115
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. //pc
. newey d.klarnerranney l.klarnerranney l.real_pc_inc_ann d.real_pc_inc_ann i.state_fips i.year if allstates43118110pc!=. & year >1980 &  newsouth==1, lag(5) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       150
{txt}maximum lag: {res}5{col 49}{txt}F( 36,       113){col 67}= {res}      4.73
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}  Newey-West
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1856765{col 29}{space 2} .0576726{col 40}{space 1}   -3.22{col 49}{space 3}0.002{col 57}{space 4}-.2999363{col 70}{space 3}-.0714167
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0017862{col 29}{space 2}  .000949{col 40}{space 1}    1.88{col 49}{space 3}0.062{col 57}{space 4} -.000094{col 70}{space 3} .0036664
{txt}{space 12}D1. {c |}{col 17}{res}{space 2}-.0021561{col 29}{space 2} .0027135{col 40}{space 1}   -0.79{col 49}{space 3}0.429{col 57}{space 4} -.007532{col 70}{space 3} .0032198
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2} .9194471{col 29}{space 2} 2.379087{col 40}{space 1}    0.39{col 49}{space 3}0.700{col 57}{space 4}-3.793953{col 70}{space 3} 5.632847
{txt}{space 12}37  {c |}{col 17}{res}{space 2} 3.166119{col 29}{space 2} 2.232734{col 40}{space 1}    1.42{col 49}{space 3}0.159{col 57}{space 4} -1.25733{col 70}{space 3} 7.589568
{txt}{space 12}48  {c |}{col 17}{res}{space 2} 2.444275{col 29}{space 2} 1.700223{col 40}{space 1}    1.44{col 49}{space 3}0.153{col 57}{space 4}-.9241734{col 70}{space 3} 5.812723
{txt}{space 12}51  {c |}{col 17}{res}{space 2}-.1769595{col 29}{space 2} 1.939319{col 40}{space 1}   -0.09{col 49}{space 3}0.927{col 57}{space 4}  -4.0191{col 70}{space 3} 3.665181
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-6.139322{col 29}{space 2} 4.494106{col 40}{space 1}   -1.37{col 49}{space 3}0.175{col 57}{space 4}-15.04296{col 70}{space 3} 2.764313
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-13.98196{col 29}{space 2}  5.61398{col 40}{space 1}   -2.49{col 49}{space 3}0.014{col 57}{space 4}-25.10427{col 70}{space 3}-2.859654
{txt}{space 10}1984  {c |}{col 17}{res}{space 2}-8.258595{col 29}{space 2} 3.637394{col 40}{space 1}   -2.27{col 49}{space 3}0.025{col 57}{space 4}-15.46493{col 70}{space 3}-1.052261
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} .4189063{col 29}{space 2} 5.211203{col 40}{space 1}    0.08{col 49}{space 3}0.936{col 57}{space 4}-9.905428{col 70}{space 3} 10.74324
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}-8.414808{col 29}{space 2} 3.834618{col 40}{space 1}   -2.19{col 49}{space 3}0.030{col 57}{space 4}-16.01188{col 70}{space 3}-.8177385
{txt}{space 10}1987  {c |}{col 17}{res}{space 2}-6.393038{col 29}{space 2} 5.007528{col 40}{space 1}   -1.28{col 49}{space 3}0.204{col 57}{space 4}-16.31385{col 70}{space 3} 3.527778
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} -8.71952{col 29}{space 2} 4.034705{col 40}{space 1}   -2.16{col 49}{space 3}0.033{col 57}{space 4}  -16.713{col 70}{space 3}-.7260403
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} -2.58957{col 29}{space 2} 4.944338{col 40}{space 1}   -0.52{col 49}{space 3}0.601{col 57}{space 4}-12.38519{col 70}{space 3} 7.206055
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-8.826575{col 29}{space 2} 4.640374{col 40}{space 1}   -1.90{col 49}{space 3}0.060{col 57}{space 4}-18.01999{col 70}{space 3} .3668422
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-10.76086{col 29}{space 2} 4.579049{col 40}{space 1}   -2.35{col 49}{space 3}0.021{col 57}{space 4}-19.83278{col 70}{space 3}-1.688939
{txt}{space 10}1992  {c |}{col 17}{res}{space 2}-3.176768{col 29}{space 2} 6.261566{col 40}{space 1}   -0.51{col 49}{space 3}0.613{col 57}{space 4}-15.58206{col 70}{space 3} 9.228524
{txt}{space 10}1993  {c |}{col 17}{res}{space 2}-1.708071{col 29}{space 2} 5.453343{col 40}{space 1}   -0.31{col 49}{space 3}0.755{col 57}{space 4}-12.51213{col 70}{space 3} 9.095986
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}-5.184046{col 29}{space 2} 5.233448{col 40}{space 1}   -0.99{col 49}{space 3}0.324{col 57}{space 4}-15.55245{col 70}{space 3} 5.184358
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 6.591318{col 29}{space 2}  8.43345{col 40}{space 1}    0.78{col 49}{space 3}0.436{col 57}{space 4}-10.11687{col 70}{space 3}  23.2995
{txt}{space 10}1996  {c |}{col 17}{res}{space 2}-4.124241{col 29}{space 2} 6.229705{col 40}{space 1}   -0.66{col 49}{space 3}0.509{col 57}{space 4}-16.46641{col 70}{space 3} 8.217929
{txt}{space 10}1997  {c |}{col 17}{res}{space 2}-3.360663{col 29}{space 2} 6.986177{col 40}{space 1}   -0.48{col 49}{space 3}0.631{col 57}{space 4}-17.20154{col 70}{space 3} 10.48021
{txt}{space 10}1998  {c |}{col 17}{res}{space 2}-4.873888{col 29}{space 2}  6.85542{col 40}{space 1}   -0.71{col 49}{space 3}0.479{col 57}{space 4}-18.45571{col 70}{space 3} 8.707936
{txt}{space 10}1999  {c |}{col 17}{res}{space 2}-12.72143{col 29}{space 2} 7.744112{col 40}{space 1}   -1.64{col 49}{space 3}0.103{col 57}{space 4}-28.06391{col 70}{space 3} 2.621055
{txt}{space 10}2000  {c |}{col 17}{res}{space 2}-8.239002{col 29}{space 2} 7.007222{col 40}{space 1}   -1.18{col 49}{space 3}0.242{col 57}{space 4}-22.12157{col 70}{space 3} 5.643569
{txt}{space 10}2001  {c |}{col 17}{res}{space 2}-10.59242{col 29}{space 2} 7.520189{col 40}{space 1}   -1.41{col 49}{space 3}0.162{col 57}{space 4}-25.49127{col 70}{space 3} 4.306436
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}-13.16123{col 29}{space 2} 7.108944{col 40}{space 1}   -1.85{col 49}{space 3}0.067{col 57}{space 4}-27.24533{col 70}{space 3}   .92287
{txt}{space 10}2003  {c |}{col 17}{res}{space 2}-10.96723{col 29}{space 2} 9.049921{col 40}{space 1}   -1.21{col 49}{space 3}0.228{col 57}{space 4}-28.89676{col 70}{space 3} 6.962294
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} -9.83086{col 29}{space 2} 7.296535{col 40}{space 1}   -1.35{col 49}{space 3}0.181{col 57}{space 4}-24.28661{col 70}{space 3} 4.624892
{txt}{space 10}2005  {c |}{col 17}{res}{space 2}-13.61711{col 29}{space 2} 7.986457{col 40}{space 1}   -1.71{col 49}{space 3}0.091{col 57}{space 4}-29.43972{col 70}{space 3} 2.205503
{txt}{space 10}2006  {c |}{col 17}{res}{space 2}-11.74328{col 29}{space 2} 7.996375{col 40}{space 1}   -1.47{col 49}{space 3}0.145{col 57}{space 4}-27.58554{col 70}{space 3} 4.098986
{txt}{space 10}2007  {c |}{col 17}{res}{space 2}-13.33085{col 29}{space 2}  8.17593{col 40}{space 1}   -1.63{col 49}{space 3}0.106{col 57}{space 4}-29.52884{col 70}{space 3} 2.867142
{txt}{space 10}2008  {c |}{col 17}{res}{space 2}-11.04594{col 29}{space 2} 8.066686{col 40}{space 1}   -1.37{col 49}{space 3}0.174{col 57}{space 4} -27.0275{col 70}{space 3} 4.935617
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-13.90524{col 29}{space 2} 8.677322{col 40}{space 1}   -1.60{col 49}{space 3}0.112{col 57}{space 4}-31.09658{col 70}{space 3} 3.286095
{txt}{space 10}2010  {c |}{col 17}{res}{space 2}-17.07613{col 29}{space 2} 8.036762{col 40}{space 1}   -2.12{col 49}{space 3}0.036{col 57}{space 4} -32.9984{col 70}{space 3}-1.153852
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-5.360757{col 29}{space 2} 12.84227{col 40}{space 1}   -0.42{col 49}{space 3}0.677{col 57}{space 4}-30.80362{col 70}{space 3}  20.0821
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. reg d.klarnerranney l.klarnerranney l.real_pc_inc_ann d.real_pc_inc_ann i.state_fips i.year if allstates43118110pcols!=. & year >1980 &  newsouth==1

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       150
{txt}{hline 13}{c +}{hline 34}   F(36, 113)      = {res}     2.62
{txt}       Model {c |} {res} 3740.45563        36  103.901545   {txt}Prob > F        ={res}    0.0001
{txt}    Residual {c |} {res} 4484.59344       113  39.6866676   {txt}R-squared       ={res}    0.4548
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.2811
{txt}       Total {c |} {res} 8225.04907       149  55.2016716   {txt}Root MSE        =   {res} 6.2997

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1856765{col 29}{space 2} .0559536{col 40}{space 1}   -3.32{col 49}{space 3}0.001{col 57}{space 4}-.2965307{col 70}{space 3}-.0748224
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0017862{col 29}{space 2} .0012163{col 40}{space 1}    1.47{col 49}{space 3}0.145{col 57}{space 4}-.0006235{col 70}{space 3}  .004196
{txt}{space 12}D1. {c |}{col 17}{res}{space 2}-.0021561{col 29}{space 2}  .003402{col 40}{space 1}   -0.63{col 49}{space 3}0.528{col 57}{space 4}-.0088962{col 70}{space 3} .0045839
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 12}13  {c |}{col 17}{res}{space 2} .9194471{col 29}{space 2} 2.342846{col 40}{space 1}    0.39{col 49}{space 3}0.695{col 57}{space 4}-3.722154{col 70}{space 3} 5.561048
{txt}{space 12}37  {c |}{col 17}{res}{space 2} 3.166119{col 29}{space 2} 2.458262{col 40}{space 1}    1.29{col 49}{space 3}0.200{col 57}{space 4}-1.704142{col 70}{space 3}  8.03638
{txt}{space 12}48  {c |}{col 17}{res}{space 2} 2.444275{col 29}{space 2} 1.940468{col 40}{space 1}    1.26{col 49}{space 3}0.210{col 57}{space 4}-1.400143{col 70}{space 3} 6.288692
{txt}{space 12}51  {c |}{col 17}{res}{space 2}-.1769595{col 29}{space 2} 2.217203{col 40}{space 1}   -0.08{col 49}{space 3}0.937{col 57}{space 4}-4.569638{col 70}{space 3} 4.215719
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-6.139322{col 29}{space 2} 4.046686{col 40}{space 1}   -1.52{col 49}{space 3}0.132{col 57}{space 4}-14.15654{col 70}{space 3} 1.877894
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-13.98196{col 29}{space 2} 4.142398{col 40}{space 1}   -3.38{col 49}{space 3}0.001{col 57}{space 4} -22.1888{col 70}{space 3}-5.775123
{txt}{space 10}1984  {c |}{col 17}{res}{space 2}-8.258595{col 29}{space 2} 4.425261{col 40}{space 1}   -1.87{col 49}{space 3}0.065{col 57}{space 4}-17.02584{col 70}{space 3} .5086461
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} .4189063{col 29}{space 2} 4.386906{col 40}{space 1}    0.10{col 49}{space 3}0.924{col 57}{space 4}-8.272346{col 70}{space 3} 9.110159
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}-8.414808{col 29}{space 2} 4.684408{col 40}{space 1}   -1.80{col 49}{space 3}0.075{col 57}{space 4}-17.69546{col 70}{space 3} .8658486
{txt}{space 10}1987  {c |}{col 17}{res}{space 2}-6.393038{col 29}{space 2} 4.798711{col 40}{space 1}   -1.33{col 49}{space 3}0.185{col 57}{space 4}-15.90015{col 70}{space 3} 3.114074
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} -8.71952{col 29}{space 2}  5.07979{col 40}{space 1}   -1.72{col 49}{space 3}0.089{col 57}{space 4} -18.7835{col 70}{space 3} 1.344461
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} -2.58957{col 29}{space 2}   5.2734{col 40}{space 1}   -0.49{col 49}{space 3}0.624{col 57}{space 4}-13.03713{col 70}{space 3} 7.857987
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-8.826575{col 29}{space 2}  5.47651{col 40}{space 1}   -1.61{col 49}{space 3}0.110{col 57}{space 4}-19.67653{col 70}{space 3} 2.023379
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-10.76086{col 29}{space 2} 5.442731{col 40}{space 1}   -1.98{col 49}{space 3}0.050{col 57}{space 4}-21.54389{col 70}{space 3} .0221705
{txt}{space 10}1992  {c |}{col 17}{res}{space 2}-3.176768{col 29}{space 2} 5.382574{col 40}{space 1}   -0.59{col 49}{space 3}0.556{col 57}{space 4}-13.84062{col 70}{space 3} 7.487083
{txt}{space 10}1993  {c |}{col 17}{res}{space 2}-1.708071{col 29}{space 2}  5.59555{col 40}{space 1}   -0.31{col 49}{space 3}0.761{col 57}{space 4}-12.79387{col 70}{space 3} 9.377723
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}-5.184046{col 29}{space 2} 5.888882{col 40}{space 1}   -0.88{col 49}{space 3}0.381{col 57}{space 4}-16.85098{col 70}{space 3} 6.482891
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 6.591318{col 29}{space 2} 6.126362{col 40}{space 1}    1.08{col 49}{space 3}0.284{col 57}{space 4} -5.54611{col 70}{space 3} 18.72875
{txt}{space 10}1996  {c |}{col 17}{res}{space 2}-4.124241{col 29}{space 2}  6.71987{col 40}{space 1}   -0.61{col 49}{space 3}0.541{col 57}{space 4}-17.43752{col 70}{space 3} 9.189034
{txt}{space 10}1997  {c |}{col 17}{res}{space 2}-3.360663{col 29}{space 2} 7.077869{col 40}{space 1}   -0.47{col 49}{space 3}0.636{col 57}{space 4} -17.3832{col 70}{space 3} 10.66187
{txt}{space 10}1998  {c |}{col 17}{res}{space 2}-4.873888{col 29}{space 2} 7.783641{col 40}{space 1}   -0.63{col 49}{space 3}0.532{col 57}{space 4}-20.29468{col 70}{space 3} 10.54691
{txt}{space 10}1999  {c |}{col 17}{res}{space 2}-12.72143{col 29}{space 2} 7.979925{col 40}{space 1}   -1.59{col 49}{space 3}0.114{col 57}{space 4} -28.5311{col 70}{space 3} 3.088244
{txt}{space 10}2000  {c |}{col 17}{res}{space 2}-8.239002{col 29}{space 2} 8.358322{col 40}{space 1}   -0.99{col 49}{space 3}0.326{col 57}{space 4}-24.79834{col 70}{space 3} 8.320341
{txt}{space 10}2001  {c |}{col 17}{res}{space 2}-10.59242{col 29}{space 2} 8.459703{col 40}{space 1}   -1.25{col 49}{space 3}0.213{col 57}{space 4}-27.35261{col 70}{space 3} 6.167782
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}-13.16123{col 29}{space 2} 8.412612{col 40}{space 1}   -1.56{col 49}{space 3}0.121{col 57}{space 4}-29.82813{col 70}{space 3} 3.505673
{txt}{space 10}2003  {c |}{col 17}{res}{space 2}-10.96723{col 29}{space 2} 8.290767{col 40}{space 1}   -1.32{col 49}{space 3}0.189{col 57}{space 4}-27.39274{col 70}{space 3} 5.458273
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} -9.83086{col 29}{space 2} 8.602832{col 40}{space 1}   -1.14{col 49}{space 3}0.256{col 57}{space 4}-26.87462{col 70}{space 3} 7.212901
{txt}{space 10}2005  {c |}{col 17}{res}{space 2}-13.61711{col 29}{space 2} 8.987091{col 40}{space 1}   -1.52{col 49}{space 3}0.133{col 57}{space 4}-31.42216{col 70}{space 3} 4.187939
{txt}{space 10}2006  {c |}{col 17}{res}{space 2}-11.74328{col 29}{space 2} 9.345773{col 40}{space 1}   -1.26{col 49}{space 3}0.212{col 57}{space 4}-30.25894{col 70}{space 3} 6.772386
{txt}{space 10}2007  {c |}{col 17}{res}{space 2}-13.33085{col 29}{space 2} 9.646109{col 40}{space 1}   -1.38{col 49}{space 3}0.170{col 57}{space 4}-32.44153{col 70}{space 3} 5.779832
{txt}{space 10}2008  {c |}{col 17}{res}{space 2}-11.04594{col 29}{space 2} 9.713774{col 40}{space 1}   -1.14{col 49}{space 3}0.258{col 57}{space 4}-30.29068{col 70}{space 3} 8.198796
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-13.90524{col 29}{space 2} 9.776174{col 40}{space 1}   -1.42{col 49}{space 3}0.158{col 57}{space 4}-33.27361{col 70}{space 3}  5.46312
{txt}{space 10}2010  {c |}{col 17}{res}{space 2}-17.07613{col 29}{space 2} 8.837451{col 40}{space 1}   -1.93{col 49}{space 3}0.056{col 57}{space 4}-34.58471{col 70}{space 3} .4324571
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-5.360757{col 29}{space 2}  15.0317{col 40}{space 1}   -0.36{col 49}{space 3}0.722{col 57}{space 4}-35.14127{col 70}{space 3} 24.41976
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. 
. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       150{col 27}-513.1636{col 38}-467.6734{col 49}    37{col 58} 1009.347{col 69}  1120.74
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. 
. 
. qui newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney i.state_fips i.year if year >1980 &  newsouth==1, lag(5) force
{txt}
{com}. 
. *** 3.F.a: TEST OF REAL_PC_INC_ANN*
. test  l.d.real_pc_inc_ann =  l2.d.real_pc_inc_ann =  l.d.klarnerranney =  l3.d.real_pc_inc_ann =  l2.d.klarnerranney = 0

{p 0 7}{space 1}{text:( 1)}{space 1} {res}LD.real_pc_inc_ann - L2D.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 2)}{space 1} LD.real_pc_inc_ann - LD.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 3)}{space 1} LD.real_pc_inc_ann - L3D.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 4)}{space 1} LD.real_pc_inc_ann - L2D.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 5)}{space 1} LD.real_pc_inc_ann = 0{p_end}

{txt}       F(  5,   108) ={res}    6.93
{txt}{col 13}Prob > F ={res}    0.0000
{txt}
{com}. 
. qui newey d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann i.state_fips i.year if year >1980 &  newsouth==1, lag(5) force
{txt}
{com}. 
. *** 3.F.b: TEST OF klarnerranney*
. test  l.d.klarnerranney =  l2.d.klarnerranney =  l.d.real_pc_inc_ann =  l3.d.klarnerranney =  l2.d.real_pc_inc_ann = 0

{p 0 7}{space 1}{text:( 1)}{space 1} {res}LD.klarnerranney - L2D.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 2)}{space 1} LD.klarnerranney - LD.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 3)}{space 1} LD.klarnerranney - L3D.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 4)}{space 1} LD.klarnerranney - L2D.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 5)}{space 1} LD.klarnerranney = 0{p_end}

{txt}       F(  5,   108) ={res}    1.63
{txt}{col 13}Prob > F ={res}    0.1584
{txt}
{com}. 
. 
. 
. 
. ******
. 
. restore
{txt}
{com}. 
. log close
      {txt}name:  {res}<unnamed>
       {txt}log:  {res}C:\Users\matt_zarit\Dropbox\Krause5\Log Files\newfittestsnewsouth.smcl
  {txt}log type:  {res}smcl
 {txt}closed on:  {res} 6 Aug 2019, 12:19:18
{txt}{.-}
{smcl}
{txt}{sf}{ul off}